The housing market in Elizabeth, IN is thriving. The median value for homes in Elizabeth is $193,900, which is significantly lower than the US median house value of $338,100. Despite this difference in value, the 1 year appreciation rate for homes in Elizabeth has been 13.41%, much higher than the national one year appreciation rate of 8.27%. This indicates that the housing market in Elizabeth is growing at a faster rate than the national rate and provides an attractive opportunity for potential home owners.
The median home cost in Elizabeth is $193,900. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Elizabeth is up 15.2%.
Average Age of Homes
- The median age of Elizabeth real estate is 64 years old
The Rental Market in Elizabeth
- Renters make up 9.4% of the Elizabeth population
- 0.0% of houses and apartments in Elizabeth, 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.