The housing market in Sullivan, IN is thriving. The median value of homes in the area is $139,100 which is significantly lower than the U.S. median value of $338,100. Not only are prices more affordable in Sullivan but the 1 year house appreciation rate is also higher than the national average at 14.15% compared to 8.27%. It's clear that Sullivan continues to be a desirable place for those looking for an affordable and growing real estate market.
The median home cost in Sullivan is $139,100. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Sullivan is up 15.4%.
Average Age of Homes
- The median age of Sullivan real estate is 62 years old
The Rental Market in Sullivan
- Renters make up 44.5% of the Sullivan population
- 4.5% of houses and apartments in Sullivan, 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.