The housing market in Andrews, IN is doing very well compared to the US average. The median value of a house in Andrews is $148,700, nearly half of the US median house price of $338,100. In addition, the appreciation rate for homes in Andrews over one year was 9.06%, significantly higher than the 8.27% appreciation rate experienced across the US. This indicates strong growth in the housing market in Andrews and suggests that it may be a great place to invest in real estate.
The median home cost in Andrews is $148,700. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Andrews is up 15.6%.
Average Age of Homes
- The median age of Andrews real estate is 78 years old
The Rental Market in Andrews
- Renters make up 28.6% of the Andrews population
- 1.0% of houses and apartments in Andrews, 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.