The housing market in Shorewood Forest, IN is booming. The median value of housing is $490,200 which is significantly higher than the national median house value of $338,100. Furthermore, the appreciation rate for homes in Shorewood Forest, IN over the last year was 9.67%, a full percentage point higher than the 8.27% appreciation rate seen nationally across the United States. This indicates that home prices in Shorewood Forest are rising faster than average and represent great investment opportunities for those looking to buy properties in this area.
The median home cost in Shorewood Forest is $490,200. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Shorewood Forest is up 14.2%.
Average Age of Homes
- The median age of Shorewood Forest real estate is 32 years old
The Rental Market in Shorewood Forest
- Renters make up 3.2% of the Shorewood Forest population
- 0.0% of houses and apartments in Shorewood Forest, 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.