The housing market in Lagrange, IN is thriving compared to the national average. The median value of homes in Lagrange is $241,100 which is significantly lower than the US median value of $338,100. Despite this difference, the 1 year house appreciation for both the US and Lagrange are 8.27% and 9.06%, respectively. The higher house appreciation rate in Lagrange shows that the real estate market remains strong and has great potential as an investment for buyers looking to purchase a house in this area.
The median home cost in Lagrange is $241,100. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Lagrange is up 15.6%.
Average Age of Homes
- The median age of Lagrange real estate is 57 years old
The Rental Market in Lagrange
- Renters make up 37.3% of the Lagrange population
- 5.9% of houses and apartments in Lagrange, 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.