The housing market in Universal, IN is an attractive option for anyone looking to buy a home. The median value of a house in the town is $55,000, which is much lower than the US median of $338,100. Furthermore, the 1-year house appreciation rate in Universal is 14.15%, more than double the US national average of 8.27%. This makes buying a house in Universal a great investment and an even better opportunity for those who are looking to make their money grow quickly. With such a great housing market and low median value, now could be the perfect time to invest in Universal's housing.
The median home cost in Universal is $55,000. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Universal is up 15.4%.
Average Age of Homes
- The median age of Universal real estate is 71 years old
The Rental Market in Universal
- Renters make up 9.4% of the Universal population
- 0.0% of houses and apartments in Universal, 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.