The housing market in Smithville-Sanders, IN is doing very well. The median value of a house is currently $228,200 which is significantly lower than the US House Median Value of $338,100. However, the 1 year House Appreciation rate for Smithville-Sanders is much higher than the US average at 12.85%, compared to 8.27%. This shows that housing prices are increasing rapidly in Smithville-Sanders and it could be a great time to invest in property there.
The median home cost in Smithville-Sanders is $228,200. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Smithville-Sanders is up 16.7%.
Average Age of Homes
- The median age of Smithville-Sanders real estate is 33 years old
The Rental Market in Smithville-Sanders
- Renters make up 12.4% of the Smithville-Sanders population
- 2.8% of houses and apartments in Smithville-Sanders, 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.