The housing market in Leo-Cedarville, IN is thriving and offers a variety of options for those looking to purchase a home. The median house value in Leo-Cedarville is currently $280,200, which is significantly lower than the US median value of $338,100. Despite this difference, the house appreciation rate in Leo-Cedarville is actually higher than the US average, with an increase of 9.12% over the past year compared to 8.27% across the nation. This shows that Leo-Cedarville offers great potential for prospective buyers in terms of real estate investment opportunities and homeownership at a more affordable price point.
The median home cost in Leo-Cedarville is $280,200. Home appreciation the last 10 years has been 83.7%. Home Appreciation in Leo-Cedarville is up 15.6%.
Average Age of Homes
- The median age of Leo-Cedarville real estate is 26 years old
The Rental Market in Leo-Cedarville
- Renters make up 6.0% of the Leo-Cedarville population
- 0.0% of houses and apartments in Leo-Cedarville, 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.