The housing market in Warsaw, IN is an attractive option for potential homeowners. The median value of a house is $228,800, significantly lower than the US median house value of $338,100. Not only is the cost of living lower in Warsaw, but appreciation has been high in the last year with a 13.05% increase compared to the US average of 8.27%. With its competitive prices and strong appreciation rates, Warsaw provides an excellent opportunity for anyone looking to purchase a home.
The median home cost in Warsaw is $228,800. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Warsaw is up 16.4%.
Average Age of Homes
- The median age of Warsaw real estate is 41 years old
The Rental Market in Warsaw
- Renters make up 32.8% of the Warsaw population
- 1.3% of houses and apartments in Warsaw, 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.