The housing market in Markle, IN is quite robust. The median value of a house in the area is $230,100, which is significantly lower than the US median value of $338,100. Despite this discrepancy in pricing, Markle has experienced a strong appreciation rate of 9.06%, higher than the US 1 year house appreciation rate of 8.27%. This indicates that there is still potential for increasing housing values in Markle and suggests that it may be a good time to invest in the area's real estate market.
The median home cost in Markle is $230,100. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Markle is up 15.6%.
Average Age of Homes
- The median age of Markle real estate is 63 years old
The Rental Market in Markle
- Renters make up 17.2% of the Markle population
- 1.8% of houses and apartments in Markle, 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.