Knox County, IN has seen a significant increase in housing median value over the past year. The median value of a house in the county now stands at $121,000, which is significantly lower than the US house median value of $338,100. However, the county has also seen a greater rate of appreciation than most states with a 1-year appreciation rate of 13.05%, compared to just 8.27% nationally. This rapid increase in home values demonstrates strong demand for housing in Knox County and could represent an opportune time for potential buyers to invest in the area.
The median home cost in Knox County is $121,000. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Knox County is up 13.8%.
Average Age of Homes
- The median age of Knox County real estate is 57 years old
The Rental Market in Knox County
- Renters make up 29.3% of the Knox County population
- 1.9% of houses and apartments in Knox County, 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.