The housing market in Cannelburg, IN has been performing well. The median value of homes in the area is $147,000, which is significantly lower than the US median of $338,100. Despite the gap between the two figures, the one-year appreciation for houses in Cannelburg was 8.45%, only slightly higher than the US average of 8.27%. This suggests that home values in Cannelburg are continuing to rise at a steady rate and will likely continue to do so for years to come.
The median home cost in Cannelburg is $147,000. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Cannelburg is up 13.8%.
Average Age of Homes
- The median age of Cannelburg real estate is 34 years old
The Rental Market in Cannelburg
- Renters make up 23.2% of the Cannelburg population
- 0.0% of houses and apartments in Cannelburg, 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.