The housing market in Churubusco, IN is strong and has seen a steady increase in value over the past year. The median value of homes here is $247,700 which is significantly lower than the US median of $338,100. However, this area has seen a 9.06% house appreciation rate in the past year compared to 8.27% across the country as a whole, indicating that home values are appreciating at an even faster rate here than elsewhere. This makes Churubusco an attractive option for potential buyers looking for competitively priced properties with high appreciation rates.
The median home cost in Churubusco is $247,700. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Churubusco is up 15.6%.
Average Age of Homes
- The median age of Churubusco real estate is 48 years old
The Rental Market in Churubusco
- Renters make up 17.3% of the Churubusco population
- 3.8% of houses and apartments in Churubusco, 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.