The housing market in Rockport, IN is significantly more affordable than the national average. The median value of a home in Rockport is $181,800 compared to the US median home value of $338,100. In addition, according to recent data, it appears that homes in Rockport have experienced greater appreciation over the last year at 16.17%, which is much higher than the US 1 year house appreciation rate of 8.27%. This indicates that Rockport is an attractive place for those looking to purchase a home or invest in real estate due to its relative affordability and strong growth potential.
The median home cost in Rockport is $181,800. Home appreciation the last 10 years has been 71.9%. Home Appreciation in Rockport is up 16.1%.
Average Age of Homes
- The median age of Rockport real estate is 56 years old
The Rental Market in Rockport
- Renters make up 38.9% of the Rockport population
- 3.8% of houses and apartments in Rockport, 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.