The median value of housing in Newberry, IN is significantly lower than the US median value at $98,600. However, the 1 year house appreciation rate for Newberry, IN is higher at 12.85%, compared to the US average of 8.27%. This indicates that the housing market is still a good investment option for people looking to invest in Newberry, IN and that prices are likely to continue going up over time. Despite the lower median value compared to other parts of the US, it's clear that there are still some great opportunities in this area for both buyers and sellers alike.
The median home cost in Newberry is $98,600. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Newberry is up 16.7%.
Average Age of Homes
- The median age of Newberry real estate is 63 years old
The Rental Market in Newberry
- Renters make up 11.5% of the Newberry population
- 3.8% of houses and apartments in Newberry, 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.