New Point, IN is a great place to invest in real estate. With an impressive median value of $156,600 and an 8.69% house appreciation rate over the past year, homeowners in New Point can expect to see some really strong returns. Comparatively, the US median house value is much higher at $338,100 with an 8.27% appreciation rate over the past year. This indicates that housing in New Point is relatively affordable and has seen consistent growth over the past year, making it a great choice for potential homebuyers or investors.
The median home cost in New Point is $156,600. Home appreciation the last 10 years has been 74.5%. Home Appreciation in New Point is up 15.8%.
Average Age of Homes
- The median age of New Point real estate is 67 years old
The Rental Market in New Point
- Renters make up 14.0% of the New Point population
- 0.0% of houses and apartments in New Point, 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.