Kendallville, IN

There is no doubt that the Kendallville, IN metropolitan statistical area (MSA) is a hotbed for real estate activity. The combination of a strong economy and favorable housing market conditions has resulted in robust demand for both residential and commercial properties.

As we enter 2019, there are several trends that are worth watching in the Kendallville MSA real estate market.

First, we are seeing an increase in the number of people relocating to the area from other parts of the country. This is likely due to the strong job market and relatively low cost of living in Kendallville. We expect this trend to continue throughout 2019 and beyond, as more people discover all that Kendallville has to offer.

Second, home prices in the Kendallville MSA have been on the rise over the past year or so, and we expect this trend to continue in 2019. This is good news for sellers, but it may put some buyers who are on the fence about purchasing a property at a disadvantage. However, there are still plenty of affordable homes available in Kendallville, so buyers should not be discouraged – they just need to be prepared to act fast when they find a property they like.

Third, we are seeing more development activity taking place in Kendallville as well. This includes both new construction projects as well as renovations/redevelopments of existing properties. This is another positive sign for the local economy and it should help keep home prices moving upward as well.