Rent To Own Homes in Westport, IN

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View this home at W County Road 850 S Westport IN 47283
$125,930 EMV
W County Road 850 S
Westport, IN 47283
EST. RENT: $1,201
AUCTION: 04-30-2024
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Home Value Estimator For Westport, IN

There are currently 1,151 real estate properties in Westport, IN, with a median automated valuation model (AVM) price of $170,194.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Westport, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Westport, IN, is $208,449.00, with the most expensive house in Westport, IN, topping out at $1,078,800.00 and the cheapest home in Westport, IN, clocking in at $19,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Westport, IN!

Rent Prices In Westport, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Westport, IN, is on a rollercoaster ride. The average rent price in Westport, IN, is $1,065.00. Indeed, when looking to rent in Westport, IN, you can expect to pay as little as $590.00 or as much as $1,860.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Westport, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Westport, IN In 2024

Westport is located in Decatur, Indiana, with an estimated municipal population of 1,424 residents. All of the best foreclosed homes for sale in Westport are located in the following zip code areas on 47283. The estimated population per square kilometer (.62 miles) in Westport is 477.

Cost Of Living In Westport, IN

So, about how much do homes cost in Westport? The most recent median value of resident-owned homes in Westport is 95,559. An estimated 61.8 percent of households in Westport own their homes, with an average family size of 2.86. The median household income in Westport is 43,182, with9.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Westport, the median commute time of resident workers (in minutes) is 25.5. And last, but certainly not least, are you looking for homes to rent in Westport? If so, the average rent price paid by renters in Westport is 804, according to recent statistics.

Diversity And Demographics In Westport, Indiana

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Westport, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Westport is 40.7, split between 45.4 percent male versus 54.6 female. The percentage of residents who report being married in Westport is 55.2, with an average family size of 2.86.

The percentage of residents who report their race in Westport is as follows:

White 97.8%
Black / African American 0%
Asian 0.9%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0%

Looking for family-friendly neighborhoods in and/or near Westport? Or maybe you are searching for 55+ active adult communities in and/or near Westport?

The percentage of residents who report their age in Westport is as follows:

Under 10 12.8%
Aged 10-19 12.6%
20s 10.5%
30s 11.1%
40s 13.3%
50s 11.3%
60s 13.3%
70s 10.5%
80+ 4.4%

Best Schools In Westport, Indiana

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Westport with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Westport.

Pros And Cons Of Living In Westport, Indiana

How do you know that living in -- or moving to -- Westport is right where you need to be? Perhaps you grew up in Westport or already live nearby; therefore, the decision to buy a home in Westport is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Westport for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Westport:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Westport.

Reasons To Move To Westport, Indiana, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Westport can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Westport, meanwhile, can field multiple offers from more qualified buyers.

Westport, IN Rent To Own Homes


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