October's First-Time Homebuyer Report for Southport

With 1,712 residents, Southport is a larger than average city in Indiana. Also, with an 11.3% increase over the last 10 years, its population is growing faster than other parts of the state. Homes in Southport are older than most with a median age of 41 years. Heading the list of top schools in the city is Southport Elementary School.

Price Range

Southport has some of the more expensive homes in the state with a median home value of $114,800 and a current average list price of $115,771. The Southport market saw sales remain flat this week with five homes sold over the last 30 days but new listings fell to four.

Out of all the listings in Southport, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$150K  

Typical Dwelling

A three-bedroom detached home valued around $135,333 is considered a typical dwelling in Southport. If a buyer was looking for a similar home, they would need good credit and a $27,067 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $697 and the property tax rate is $10.41 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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