Homes for Sale in Valparaiso
Valparaiso Real Estate & Homes for Sale in Indiana
Valparaiso, Indiana is a quiet community is located approximately 50 miles southeast of Chicago with easy access to I-94, I-80, and I-90. Valparaiso has much to offer, including a variety of quality educational choices, excellent real estate, a pro-business climate and a tight-knit community.
Students in grades K-12 are accommodated by fine schools of several districts, including Valparaiso Community Schools. The nationally acclaimed Valparaiso University, which is renowned as a top university in the Midwest, provides for those who wish to attain a degree in higher education. The city also offers competitive outpatient health care, up-to-date hospital facilities, and an outstanding system of local parks with programs for all ages. Industries that provide employment in Valparaiso include educational, health and social services, manufacturing and retail trade.
Valparaiso is the home of Orville Redenbacher Popcorn and is well known for its annual Popcorn Festival. The festival provides family and community fun for resident families and visitors alike, and is held each year in September. For art enthusiasts Valparaiso also hosts the Vale Fine Arts Festival in October. Sunset Hill Farm County Park offers scenic outdoor entertainment, picnic areas and hiking trails. For shopping and further entertainment, Valparaiso is also just 15 miles from Merrillville's large Southlake Mall, with movie theaters and a restaurant complex. Real estate options in Valparaiso consist of single-family detached homes, estate properties, condominiums, townhouses and land lots.
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Valparaiso Real Estate Market: Prices of Valparaiso Homes for Sale
The real estate market in Valparaiso is made up primarily of single-family detached homes. Homes are priced starting from below $100,000. Large homes on spacious wooded lots are priced in the mid-$100,000s. Newly built homes can be purchased in the high $100,000s. Lovely estate properties with fireplaces and wooded lots of considerable acreage range from the high $200,000s to close to $3 million for expansive, grand luxury estates with multiple fireplaces, mature landscaping and swimming pools. Condominiums and townhouses are priced from below $100,000 to the high $100,000s. A large selection of land and lots are also available for custom development.
Valparaiso Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $229,159 compared to $229,159 the previous week, to remain steady with no change in listing price. For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.