Cicero First-Time Homebuyer Report for October

Cicero is a small city in Indiana with a median income of $63,228 per household. Besides being very affluent, its population is younger than others with a median age of 39 years. The Cicero market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.

Price Range

Some of the more expensive homes in Indiana are in Cicero with a median home value of $131,600 and an average list price for available homes currently at $158,685. The number of home sales in the Cicero market rose 16.7% to seven homes over the last 30 days, coming close to the 8.7 monthly average for the last 12 months.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Cicero:

$849K   $189K   $169K  

Typical Dwelling

A three-bedroom detached home valued around $211,140 is considered a typical dwelling in Cicero. If a buyer was looking for a similar home, they would need good credit and a $42,228 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $736 and the property tax rate is $11.91 per $1,000 of taxable assessed value.

Get started right now by checking out Cicero homes for sale or reviewing Cicero real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
The Vearus Group
1 review
Realty World Indy
Snapped 6 homes in this area

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