Vincennes, IN is an area with a great housing market. The median value of homes in Vincennes is currently at $137,200, which is considerably lower than the US median housing value of $338,100. Furthermore, the 1-year appreciation rate for homes in Vincennes has been 8.45%, slightly exceeding the US average of 8.27%. This shows that home values in Vincennes are on the rise and it is a great place to invest in real estate.
The median home cost in Vincennes is $137,200. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Vincennes is up 13.8%.
Average Age of Homes
- The median age of Vincennes real estate is 60 years old
The Rental Market in Vincennes
- Renters make up 39.7% of the Vincennes population
- 3.3% of houses and apartments in Vincennes, 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.