Deer Path is one of the most affordable neighborhoods in Noblesville servicing approximately 1000 homes. Residents love the location because of its affordability and accessibility to major roads, shopping, restaurants, healthcare, and schools! Deer Path is located just West of one of the major corridors between Noblesville and Fishers at Exit 10/I-69.
Deer Path has a little something for everyone. There is new construction, there is existing/resale and there are deals to be had on “distressed” properties. This master-planned community offers both 2-story and ranch-style homes. Deer Path features one of the best neighborhood community parks around. Residents can enjoy the pool, clubhouse, playground, basketball courts, tennis courts all set amongst the many mature trees…and did I mention the walking trails and soccer fields?
Currently there are a total of 41 ACTIVE listings ranging in price from $84,000 to $270,000! The average price point is $143,702 with $78 LP/SF and 72 DOM (days on market). Out of the 41 ACTIVE listings, 12 are listed as a “distressed” property per the Listing Agent.
There are 11 PENDING sales (i.e., accepted offer) with an Average List Price of $125,300, $72 LP/SF and 44 DOM. Of the 11 PENDING sales, 5 are listed as distressed.
Since 1/1/09 there have been 56 SOLD listings ranging in price from $72,504 to $244,855! The average price point for SOLD listings was $125,369, $77 LP/SF and 59 DOM. Of the 56 SOLD properties, only 8 were listed as distressed. Interesting to note that out of the 56 total SOLD listings since 1/1/09, there were 18 that actually “closed” in the month of September – 12 of which were NEW Construction!
As you can see, price range varies rather dramatically within the “Deer Path” family. There are 3 distinct sections: the original Preserve at Deer Path, the newer Beazer section called the Enclave at Deer Path, and the newer Centex section called Meadows of Shelbourne at Deer Path. Obviously this is a very active market with just under 25% of the current activity being of the “distressed” variety. The East side of Noblesville will only continue to grow and develop and with the Noblesville Corporate Campus, Hamilton Town Center, Saxony Retail/Residential development, and the ever-popular Verizon Music Center, Deer Path should be an attractive option to many buyers especially those looking for a “deal” right now.
If you™re interested in learning more about Noblesville and/or viewing the ACTIVE listings in Deer Path or in having an experienced realtor work with you on a “new-build” in the Deer Path community, feel free to call or email this Noblesville Realtor!