The housing market in Lynnville, IN is a great place to invest in. The median value of homes in Lynnville is $148,100 which is significantly lower than the US median value of $338,100. Additionally, the one year house appreciation rate in Lynnville is 16.17%, which is higher than the US one year house appreciation rate of 8.27%. This makes it a great opportunity for people looking to invest in real estate as the appreciation rate indicates that the investment will only increase over time.
The median home cost in Lynnville is $148,100. Home appreciation the last 10 years has been 71.9%. Home Appreciation in Lynnville is up 16.1%.
Average Age of Homes
- The median age of Lynnville real estate is 42 years old
The Rental Market in Lynnville
- Renters make up 15.8% of the Lynnville population
- 1.1% of houses and apartments in Lynnville, 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.