The housing median value in Indiana State is $221,600, which is significantly lower than the US median value of $338,100. However, the 1 year house appreciation rate in Indiana State is 9.46%, which is higher than the US appreciation rate of 8.27%. This shows that the housing market in Indiana State has been relatively strong and is a good place to invest in real estate. With its affordable prices and growing appreciation rates, it's no wonder that so many are investing in housing here.
The median home cost in Indiana is $221,600. Home appreciation the last 10 years has been 85.0%. Home Appreciation in Indiana is up 15.9%.
Average Age of Homes
- The median age of Indiana real estate is 44 years old
The Rental Market in Indiana
- Renters make up 27.1% of the Indiana population
- 1.8% of houses and apartments in Indiana, 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.