The housing market in Herbst, IN is thriving, with a median value of $175,100 compared to the US median value of $338,100. The US has seen an 8.27% appreciation rate for housing over the past year, and Herbst has seen an even greater appreciation of 9.99%. This is great news for homeowners in the area as their property values are increasing at a higher rate than the national average. Additionally, this makes Herbst an attractive option for potential home buyers looking to make a good investment.
The median home cost in Herbst is $175,100. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Herbst is up 10.5%.
Average Age of Homes
- The median age of Herbst real estate is 21 years old
The Rental Market in Herbst
- Renters make up 32.3% of the Herbst population
- 0.0% of houses and apartments in Herbst, 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.