The housing market in Butler, IN is quite strong. The median value of houses is $153,500, which is considerably lower than the US median of $338,100. Furthermore, the 1 year house appreciation rate in Butler is 9.06%, a higher rate than the US average of 8.27%. These figures indicate that the demand for homes in Butler is high and that people are willing to invest in it. This makes Butler an attractive option for potential homeowners looking for property in Indiana.
The median home cost in Butler is $153,500. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Butler is up 15.6%.
Average Age of Homes
- The median age of Butler real estate is 65 years old
The Rental Market in Butler
- Renters make up 31.0% of the Butler population
- 4.3% of houses and apartments in Butler, 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.