Cannelton, IN is a great place to invest in real estate. The housing median value is $126,700, which is significantly lower than the US House Median Value of $338,100. Despite this difference in value, both markets have seen an increase of 8.27% and 8.45%, respectively, over the last year. This makes Cannelton a great investment option for those looking to get into the real estate market without breaking their bank account.
The median home cost in Cannelton is $126,700. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Cannelton is up 13.8%.
Average Age of Homes
- The median age of Cannelton real estate is 60 years old
The Rental Market in Cannelton
- Renters make up 44.3% of the Cannelton population
- 2.1% of houses and apartments in Cannelton, 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.