The housing in North Manchester, IN is quite affordable compared to the national average. The median value of a house in North Manchester is $161,400, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year House Appreciation rate for North Manchester is 9.99%, higher than the US rate of 8.27%. This indicates that people who are looking for a reasonable priced home should consider purchasing one in North Manchester.
The median home cost in North Manchester is $161,400. Home appreciation the last 10 years has been 72.1%. Home Appreciation in North Manchester is up 10.5%.
Average Age of Homes
- The median age of North Manchester real estate is 60 years old
The Rental Market in North Manchester
- Renters make up 34.4% of the North Manchester population
- 2.9% of houses and apartments in North Manchester, 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.