New Paris, IN is a great place to buy a house. The median value of housing in the area is $253,600, which is significantly lower than the US median value of $338,100. In terms of appreciation, the US has seen an appreciation rate of 8.27% in one year; however, New Paris has outpaced that rate by showing a 1-year appreciation rate of 13.05%. This means that homeowners and potential homeowners in New Paris can reap the rewards of higher returns on their investments.
The median home cost in New Paris is $253,600. Home appreciation the last 10 years has been 87.0%. Home Appreciation in New Paris is up 16.4%.
Average Age of Homes
- The median age of New Paris real estate is 49 years old
The Rental Market in New Paris
- Renters make up 19.0% of the New Paris population
- 0.0% of houses and apartments in New Paris, 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.