The housing market in Montezuma, IN is an attractive option for those looking to purchase a home. The median value of a home in Montezuma is $111,300, which is significantly lower than the median value of a home across the United States of $338,100. Additionally, over the past year, house appreciation has risen by 14.15%, higher than the national average of 8.27%. These factors make the housing market in Montezuma very appealing for those looking to invest their money into real estate.
The median home cost in Montezuma is $111,300. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Montezuma is up 15.4%.
Average Age of Homes
- The median age of Montezuma real estate is 76 years old
The Rental Market in Montezuma
- Renters make up 22.6% of the Montezuma population
- 1.9% of houses and apartments in Montezuma, 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.