The housing market in Bright, IN is doing well; the median value for a house in the city is $286,600 which is slightly below the US median value of $338,100. Additionally, in the last year the appreciation rate for houses in Bright, IN has reached 8.27%, which is comparable to that of the US at 8.27%. This indicates that Bright, IN houses are continuing to increase in value and could be a great investment if you are looking into buying a home.
The median home cost in Bright is $286,600. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Bright is up 14.6%.
Average Age of Homes
- The median age of Bright real estate is 27 years old
The Rental Market in Bright
- Renters make up 14.5% of the Bright population
- 0.0% of houses and apartments in Bright, 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.