The housing market in Hope, IN is showing steady appreciation in the past year. The median value of homes in Hope, IN is currently $210,700 which is lower than the US median at $338,100. However, the 1 year house appreciation rate for Hope, IN has been 8.69%, which is just a little higher than the national average of 8.27%. This suggests that the housing market of Hope, IN is stable and growing steadily.
The median home cost in Hope is $210,700. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Hope is up 15.8%.
Average Age of Homes
- The median age of Hope real estate is 58 years old
The Rental Market in Hope
- Renters make up 20.8% of the Hope population
- 0.0% of houses and apartments in Hope, 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.