The housing market in Bainbridge, IN is thriving. The median value of houses in this area is currently at $231,600, which is significantly lower than the US median value of $338,100. Despite having a lower median value, Bainbridge properties have seen an impressive 1-year appreciation rate of 13.55%, compared to 8.27% for the entire US housing market. This indicates that investing in property in Bainbridge can be a wise decision for potential buyers looking to cash in on their investments shortly after purchase.
The median home cost in Bainbridge is $231,600. Home appreciation the last 10 years has been 95.7%. Home Appreciation in Bainbridge is up 17.9%.
Average Age of Homes
- The median age of Bainbridge real estate is 59 years old
The Rental Market in Bainbridge
- Renters make up 36.2% of the Bainbridge population
- 0.0% of houses and apartments in Bainbridge, 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.