Loogootee, IN is an attractive place to live and own property. The median value of a house in this town is $197,700, significantly lower than the US average of $338,100. Despite this gap in housing value, Loogootee still saw year-over-year appreciation of 8.45%, slightly higher than the national average of 8.27%. This is indicative that the housing market in Loogootee has remained strong even amidst economic uncertainty nationwide. Investing in real estate here is a wise decision for anyone looking for a good long term return on their money.
The median home cost in Loogootee is $197,700. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Loogootee is up 13.8%.
Average Age of Homes
- The median age of Loogootee real estate is 44 years old
The Rental Market in Loogootee
- Renters make up 30.0% of the Loogootee population
- 0.0% of houses and apartments in Loogootee, 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.