Farmland, IN has a median housing value of $130,800, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation rate in Farmland, IN is higher than the US average at 13.04%, compared to 8.27%. This suggests that housing values in Farmland, IN are increasing quickly and that it may be a good investment opportunity for potential buyers.
The median home cost in Farmland is $130,800. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Farmland is up 15.1%.
Average Age of Homes
- The median age of Farmland real estate is 65 years old
The Rental Market in Farmland
- Renters make up 20.5% of the Farmland population
- 1.0% of houses and apartments in Farmland, 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.