The housing market in Alamo, IN is strong and growing. The median value of homes is $87,800, which is much lower than the US median value of $338,100. However, the 1 year house appreciation rate for homes in Alamo is 10.75%, which is higher than the US appreciation rate of 8.27%. This indicates that homes in Alamo are increasing in value at a faster rate than the rest of country, making investing in properties in this area an attractive option for many people.
The median home cost in Alamo is $87,800. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Alamo is up 14.6%.
Average Age of Homes
- The median age of Alamo real estate is 78 years old
The Rental Market in Alamo
- Renters make up 2.8% of the Alamo population
- 0.0% of houses and apartments in Alamo, 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.