Orestes, IN is a great place to buy property due to its affordable housing. The median value of housing in Orestes is $110,900, compared to the US median of $338,100, making it much more affordable than the US average. On top of that, the 1 year appreciation rate for housing in Orestes has been 13.98%, which is higher than the 8.27% national average. This means that buying a house in Orestes now could result in higher returns down the line.
The median home cost in Orestes is $110,900. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Orestes is up 18.4%.
Average Age of Homes
- The median age of Orestes real estate is 62 years old
The Rental Market in Orestes
- Renters make up 18.1% of the Orestes population
- 2.8% of houses and apartments in Orestes, 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.