Kokomo, IN Home Values & Market Trends
Real estate market trends reflect that there have been 33 transactions over the past year in Kokomo. The median value for residential home transactions that occurred over the previous year is $153,283.69. The number of current listings in Kokomo is 32, and the percentage of properties for sale in the city is 32.00%. Kokomo, IN currently has 115 properties in foreclosure, 3 bank owned properties, 38 properties headed for auction, and 32 properties for sale.
Kokomo, IN Real Estate Market Overview
Housing Market Summary for Kokomo, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $139K | $132.6K | -4.61% |
| Median Sold Price | $179.9K | $132.6K | -26.30% |
| Homes For Sale | 37 | 38 | 2.70% |
| Homes Sold | 14 | 13 | -7.14% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Kokomo, IN
Browse Homes in Kokomo, IN
Kokomo home values range from $18,697 to $5,467,925. The median estimated value of a home in Kokomo is $153,283.69. The median list price of a home is 202,500, and the total count of properties in the city is 27,485.
- Pre-ForeclosurePre-foreclosure homes account for 0.27% of all residential properties in Kokomo, IN with 46901 containing 45 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Kokomo, IN; of those zips, the estimated home value for pre-foreclosure homes ranges from $289,897 in 46902 to the lowest home value of $54,181 in 46901.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Kokomo, IN ranges from the highest value of $152,250 in 46902 to the lowest value of $102,760 in 46901. Bank owned homes and properties account for 0.01% of properties in Kokomo, IN. There are 2 zips within Kokomo, IN; 46902 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46901 has 21 auction properties, the highest number of properties going to auction in a single zip in the state of Kokomo, IN. Auction homes and other auction properties account for 0.14% of all properties in Kokomo, IN. There are 2 zips within Kokomo, IN; of those zips, the median estimated home value for homes going to auction ranges from $262,881 in 46902 to the lowest value of $45,896 in 46902.
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More Real Estate Resources for Kokomo, IN
Guide for Kokomo, IN
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Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
