A typical Reo home is worth roughly $173,000
What kind of housing town is Reo?
Read from the numbers below. The page puts what stands out first.
100% of Reo households own their home
Half of Reo’s homes were built before 1988.
Indiana: 71% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
What it takes to buy in Reo
Try your own numbers below.
That covers a typical Reo home, with $114K to spare.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Indiana typical property tax (0.74% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Neighbors talk housing
What Reo buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers. The calculator is an estimate, not a loan offer.