North Vernon, IN is a great place to live with an affordable housing median value of $166,700 compared to the US House Median value of $338,100. The 1 year house appreciation rate in North Vernon is 8.69%, which is higher than the US 1 year house appreciation rate of 8.27%. This makes North Vernon a desirable place to invest in property and its growing housing market shows that even more people are coming to call it home.
The median home cost in North Vernon is $166,700. Home appreciation the last 10 years has been 74.5%. Home Appreciation in North Vernon is up 15.8%.
Average Age of Homes
- The median age of North Vernon real estate is 45 years old
The Rental Market in North Vernon
- Renters make up 38.7% of the North Vernon population
- 1.5% of houses and apartments in North Vernon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.