Advance, IN is a great place to consider when looking for a new home due to its relatively low housing median value of $171,400 when compared to the US House Median Value which is $338,100. This makes it more affordable for people who are looking for an area with lower house prices. Additionally, the 1 year house appreciation rate in Advance, IN is 13.55%, higher than the US average of 8.27%, making it an even better investment opportunity for those looking to purchase a home in Advance, IN. With its lower cost and higher appreciation rate, Advance, IN is an ideal location for anyone considering buying a home in Indiana.
The median home cost in Advance is $171,400. Home appreciation the last 10 years has been 95.7%. Home Appreciation in Advance is up 17.9%.
Average Age of Homes
- The median age of Advance real estate is 52 years old
The Rental Market in Advance
- Renters make up 20.1% of the Advance population
- 2.3% of houses and apartments in Advance, 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.