Cromwell, IN is an incredibly desirable city in Indiana with a strong housing market. The median value of homes in Cromwell is $186,800, which is significantly lower than the US median value of $338,100. Despite this disparity, the rate of appreciation for homes in Cromwell has been impressive over the past year at 9.06%. This is higher than the US average of 8.27%, indicating that Cromwell's real estate market is thriving and is a great place to invest in property.
The median home cost in Cromwell is $186,800. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Cromwell is up 15.6%.
Average Age of Homes
- The median age of Cromwell real estate is 49 years old
The Rental Market in Cromwell
- Renters make up 37.2% of the Cromwell population
- 5.9% of houses and apartments in Cromwell, 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.