The housing market in French Lick, IN is thriving, with the median value of homes being $147,800. This is significantly lower than the US median value of $338,100. What makes it even more attractive to potential homeowners is that the one year house appreciation rate in French Lick is 12.85%, which is 4.58% higher than the US 1 year rate of 8.27%. This means that those who choose to purchase a home in French Lick now can enjoy a great return on their investment in a relatively short amount of time.
The median home cost in French Lick is $147,800. Home appreciation the last 10 years has been 87.2%. Home Appreciation in French Lick is up 16.7%.
Average Age of Homes
- The median age of French Lick real estate is 50 years old
The Rental Market in French Lick
- Renters make up 42.3% of the French Lick population
- 2.7% of houses and apartments in French Lick, 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.