New Palestine, IN is a great place to invest in housing. The median value of housing in the area is $333,200 which is significantly lower than the US House median value of $338,100. In the last year, house appreciation in New Palestine was 13.55%, significantly higher than the US 1 year house appreciation of 8.27%. This shows that investing in housing in New Palestine can bring great returns and can provide an excellent investment opportunity for potential buyers and investors alike.
The median home cost in New Palestine is $333,200. Home appreciation the last 10 years has been 95.7%. Home Appreciation in New Palestine is up 17.9%.
Average Age of Homes
- The median age of New Palestine real estate is 21 years old
The Rental Market in New Palestine
- Renters make up 19.3% of the New Palestine population
- 1.6% of houses and apartments in New Palestine, 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.