Jalapa, IN is a great place to invest in real estate. The median value of homes in the city is $452,500 which is higher than the national median value of $338,100. Additionally, the one year house appreciation rate in Jalapa is 9.99%, which is higher than the national appreciation rate of 8.27%. This means that housing prices in Jalapa are likely to grow at a faster rate than other areas of the country and could be a good long-term investment for home buyers.
The median home cost in Jalapa is $452,500. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Jalapa is up 10.5%.
Average Age of Homes
- The median age of Jalapa real estate is 17 years old
The Rental Market in Jalapa
- Renters make up 0.0% of the Jalapa population
- 0.0% of houses and apartments in Jalapa, 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.