Paoli, IN is a thriving community with strong housing values. The median value of homes in the area stands at $138,900, much lower than the US median house value of $338,100. Despite its lower cost of living compared to other areas, Paoli has seen an impressive appreciation rate in the past year of 12.85%, exceeding even the national 1 year house appreciation rate of 8.27%. This makes it an attractive option for those looking to invest in property that offers a good return on investment over time.
The median home cost in Paoli is $138,900. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Paoli is up 16.7%.
Average Age of Homes
- The median age of Paoli real estate is 53 years old
The Rental Market in Paoli
- Renters make up 27.4% of the Paoli population
- 2.1% of houses and apartments in Paoli, 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.