Woodburn, IN is a great place to live in terms of housing. The median value of housing in Woodburn, IN is $206,700, which is significantly lower than the US House median value of $338,100. Despite this difference in median house values, Woodburn has experienced significant appreciation with an annual increase of 9.06%, which is higher than the US 1 year House Appreciation rate of 8.27%. This suggests that investing in Woodburn's housing market can be very beneficial for prospective buyers.
The median home cost in Woodburn is $206,700. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Woodburn is up 15.6%.
Average Age of Homes
- The median age of Woodburn real estate is 41 years old
The Rental Market in Woodburn
- Renters make up 16.1% of the Woodburn population
- 3.4% of houses and apartments in Woodburn, 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.