The housing market in Royal Center, IN is thriving. The median value of homes in the area is $141,600 which is significantly lower than the US median value of $338,100. Despite this discrepancy, homes in Royal Center have seen an impressive 1 year appreciation rate of 9.99%, which is higher than the US average of 8.27%. This indicates that the area is a great investment for those looking to purchase a home and benefit from potential future increases in property values.
The median home cost in Royal Center is $141,600. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Royal Center is up 10.5%.
Average Age of Homes
- The median age of Royal Center real estate is 68 years old
The Rental Market in Royal Center
- Renters make up 21.4% of the Royal Center population
- 0.0% of houses and apartments in Royal Center, 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.