The housing market in Chalmers, IN is flourishing and growing. The median value of homes in Chalmers is $189,600, which is significantly lower than the US median house value of $338,100. However, the one-year appreciation for house values in Chalmers is higher than that of the US at 10.75%, compared to 8.27%. This shows that home values in Chalmers are increasing faster than those across the country as a whole, making it an attractive option for potential homeowners or investors looking for a solid return on their investment.
The median home cost in Chalmers is $189,600. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Chalmers is up 14.6%.
Average Age of Homes
- The median age of Chalmers real estate is 75 years old
The Rental Market in Chalmers
- Renters make up 16.9% of the Chalmers population
- 2.6% of houses and apartments in Chalmers, 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.