The housing market in Westphalia, IN is a great investment opportunity. The median value of homes in Westphalia is $130,600, lower than the US median value of $338,100. This means that home buyers can purchase properties at relatively lower prices compared to other areas in the country. Additionally, housing appreciation has been strong in Westphalia with an appreciation rate over 8% for the past year. This makes investing in real estate in Westphalia an attractive opportunity as it provides value and potential for appreciation on investments.
The median home cost in Westphalia is $130,600. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Westphalia is up 13.8%.
Average Age of Homes
- The median age of Westphalia real estate is 78 years old
The Rental Market in Westphalia
- Renters make up 21.7% of the Westphalia population
- 0.0% of houses and apartments in Westphalia, 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.