The housing market in New Salisbury, IN has been performing well. The median value for a house in the city is $217,800 and is much lower than the US House Median Value of $338,100. In the last year, the appreciation rate for houses in New Salisbury was 13.41%, which is much higher than the US 1 year House Appreciation rate of 8.27%. With these rising prices and an attractive median price point, it's clear why New Salisbury is becoming an increasingly popular place to invest in housing.
The median home cost in New Salisbury is $217,800. Home appreciation the last 10 years has been 81.4%. Home Appreciation in New Salisbury is up 15.2%.
Average Age of Homes
- The median age of New Salisbury real estate is 44 years old
The Rental Market in New Salisbury
- Renters make up 12.5% of the New Salisbury population
- 0.0% of houses and apartments in New Salisbury, 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.