Mount Summit, Indiana is an attractive town with a growing population and an impressive housing market. The median value for homes in Mount Summit is $144,700, significantly lower than the US median of $338,100. In the past year, house appreciation in Mount Summit has been much higher than national averages at 13.04%, compared to 8.27% in the US overall. With its lower cost of living and high return on investment, Mount Summit is an ideal place for those looking to purchase or invest in real estate.
The median home cost in Mount Summit is $144,700. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Mount Summit is up 15.1%.
Average Age of Homes
- The median age of Mount Summit real estate is 65 years old
The Rental Market in Mount Summit
- Renters make up 20.2% of the Mount Summit population
- 0.0% of houses and apartments in Mount Summit, 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.