Spurgeon, IN is a small town located in the Midwest. Its housing market is strong, with a median value of $110,800. This is significantly lower than the national median of $338,100, providing significant purchasing power for those looking to buy a home in Spurgeon. Additionally, the one-year appreciation rate of 9.53% for homes in Spurgeon surpasses the US average of 8.27%. This suggests that if you purchase a home in Spurgeon today, you may expect to see it appreciate in value over the coming year. All-in-all, this makes it an attractive choice for potential homeowners looking for affordability and potential long-term return on investment.
The median home cost in Spurgeon is $110,800. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Spurgeon is up 14.1%.
Average Age of Homes
- The median age of Spurgeon real estate is 60 years old
The Rental Market in Spurgeon
- Renters make up 10.7% of the Spurgeon population
- 0.0% of houses and apartments in Spurgeon, 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.