The housing market in Fortville, IN is thriving. The median value of homes in the area is $277,900, significantly lower than the national median value of $338,100. In the past year, there has been an impressive 13.98% appreciation rate, far higher than the US average appreciation rate of 8.27%. This high appreciation rate indicates that Fortville's housing market is strong and growing rapidly. Investing in real estate in this area would be a sound decision for anyone looking to begin or expand their property portfolio.
The median home cost in Fortville is $277,900. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Fortville is up 18.4%.
Average Age of Homes
- The median age of Fortville real estate is 41 years old
The Rental Market in Fortville
- Renters make up 36.1% of the Fortville population
- 0.0% of houses and apartments in Fortville, 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.