Elnora, IN is a great place to invest in real estate. The median value for housing in Elnora is $107,600, which is significantly lower than the US median value of $338,100. Furthermore, the house appreciation rate in Elnora has steadily increased at a rate of 8.45% within the past year, slightly higher than the national average of 8.27%. With such promising housing market trends and a much lower price point than the national average, Elnora is an excellent choice for potential homeowners looking to purchase property and benefit from potential growth in value.
The median home cost in Elnora is $107,600. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Elnora is up 13.8%.
Average Age of Homes
- The median age of Elnora real estate is 63 years old
The Rental Market in Elnora
- Renters make up 19.5% of the Elnora population
- 0.0% of houses and apartments in Elnora, 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.