The housing market in Lanesville, IN is thriving. The median value of homes in the area is currently at $291,900, which is significantly lower than the US house median value of $338,100. Despite this, the one-year house appreciation rate in Lanesville is an impressive 13.41%, compared to the US average of 8.27%. This indicates that home values in Lanesville are rising faster than other regions across the country, making it an attractive option for those looking for a place to call home.
The median home cost in Lanesville is $291,900. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Lanesville is up 15.2%.
Average Age of Homes
- The median age of Lanesville real estate is 51 years old
The Rental Market in Lanesville
- Renters make up 22.8% of the Lanesville population
- 5.2% of houses and apartments in Lanesville, 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.