Housing in Orleans, IN is a great investment opportunity. The median value of homes in the area is $153,900 and is much lower than the US median value of $338,100. The 1-year house appreciation rate for the US is 8.27%, while the 1-year house appreciation rate for Orleans, IN is 12.85%. This means that housing prices in Orleans, IN are increasing at a faster rate than the national average - making it a wise investment option for those looking to purchase a home.
The median home cost in Orleans is $153,900. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Orleans is up 16.7%.
Average Age of Homes
- The median age of Orleans real estate is 49 years old
The Rental Market in Orleans
- Renters make up 28.6% of the Orleans population
- 3.0% of houses and apartments in Orleans, 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.