The housing market in Simonton Lake, IN is booming! The median value of homes in the area is currently $196,100, which is significantly lower than the US median house value of $338,100. This affordability makes Simonton Lake a desirable area for those looking to buy a home. In addition, within the last year, Simonton Lake homes have appreciated by 13.05%, more than double the national average of 8.27%. With these trends continuing, now is a great time to get into the market and take advantage of low prices and rising values in Simonton Lake, Indiana.
The median home cost in Simonton Lake is $196,100. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Simonton Lake is up 16.4%.
Average Age of Homes
- The median age of Simonton Lake real estate is 38 years old
The Rental Market in Simonton Lake
- Renters make up 18.1% of the Simonton Lake population
- 0.0% of houses and apartments in Simonton Lake, 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.