Housing in Winona Lake, IN is highly desirable, evidenced by its median home value of $246,400 which is significantly higher than the US house median of $338,100. Not only are the home values high but they have also seen an impressive appreciation rate within the last year of 13.05%, much higher than the US 1 year appreciation rate of 8.27%. As such, it's evident that Winona Lake is a great investment for housing and has seen a trend of consistent growth in recent years.
The median home cost in Winona Lake is $246,400. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Winona Lake is up 16.4%.
Average Age of Homes
- The median age of Winona Lake real estate is 33 years old
The Rental Market in Winona Lake
- Renters make up 33.8% of the Winona Lake population
- 0.0% of houses and apartments in Winona Lake, 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.