The housing market in Springport, IN is thriving. The median value of a home in Springport is $200,500, which is significantly lower than the US median of $338,100. This relatively low cost makes Springport an appealing area for potential homeowners. Moreover, house appreciation in the area over the past year has been 13.04%, significantly higher than the national average of 8.27%. This demonstrates that Springport's housing market has been growing steadily and continues to be a great place to invest in property or purchase a new home.
The median home cost in Springport is $200,500. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Springport is up 15.1%.
Average Age of Homes
- The median age of Springport real estate is 78 years old
The Rental Market in Springport
- Renters make up 8.4% of the Springport population
- 7.0% of houses and apartments in Springport, 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.