The housing market in New Haven, IN is strong compared to the national average. The median value of a home in New Haven is $183,100, which is significantly lower than the US median house value of $338,100. In addition, the 1 year appreciation rate for houses in New Haven is 9.75%, nearly 1.5% higher than the US average of 8.27%. All of this indicates that purchasing a home in New Haven could be a great investment opportunity for potential homeowners.
The median home cost in New Haven is $183,100. Home appreciation the last 10 years has been 85.8%. Home Appreciation in New Haven is up 15.6%.
Average Age of Homes
- The median age of New Haven real estate is 44 years old
The Rental Market in New Haven
- Renters make up 24.1% of the New Haven population
- 1.4% of houses and apartments in New Haven, 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.