The housing in Porter, IN is an excellent investment for anyone looking to buy or sell. The median value of a home in Porter is $257,000, which is significantly lower than the US median value of $338,100. Furthermore, the one year house appreciation rate in Porter is 9.67%, which is higher than the US rate of 8.27%. This means that homes in Porter are currently appreciating faster than they are across the nation as a whole, making it an even more attractive market for potential buyers and sellers alike.
The median home cost in Porter is $257,000. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Porter is up 14.2%.
Average Age of Homes
- The median age of Porter real estate is 29 years old
The Rental Market in Porter
- Renters make up 15.2% of the Porter population
- 0.0% of houses and apartments in Porter, 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.