Koontz Lake, IN is a great housing market to invest in. The median home value is currently $142,500 which is significantly lower than the US median of $338,100. This gives potential buyers a great opportunity to purchase a home for a much lower price. In addition, the 1 year house appreciation rate in Koontz Lake is 13.05%, which is higher than the national average of 8.27%. This makes it an ideal time to invest in real estate in Koontz Lake as the appreciation rate is higher than average.
The median home cost in Koontz Lake is $142,500. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Koontz Lake is up 16.4%.
Average Age of Homes
- The median age of Koontz Lake real estate is 46 years old
The Rental Market in Koontz Lake
- Renters make up 7.1% of the Koontz Lake population
- 0.0% of houses and apartments in Koontz Lake, 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.