The housing market in Fontanet, IN is doing quite well compared to the national average. The median value of homes in Fontanet is $166,200, which is significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation in Fontanet is 14.15%, much higher than the US house appreciation of 8.27%. This indicates that homes in Fontanet are rapidly increasing in value, making it an attractive location for people looking to invest or purchase a home.
The median home cost in Fontanet is $166,200. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Fontanet is up 15.4%.
Average Age of Homes
- The median age of Fontanet real estate is 53 years old
The Rental Market in Fontanet
- Renters make up 24.6% of the Fontanet population
- 0.0% of houses and apartments in Fontanet, 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.