Wheeler, IN is an attractive housing market for potential home buyers. With a median housing value of $299,600, the area is slightly lower than the US House Median Value of $338,100. This alone is enough to draw in prospective buyers looking for a more affordable option. Additionally, the 1 year House Appreciation in Wheeler is 9.67%, higher than the US average of 8.27%. Those looking to make an investment should consider the Wheeler housing market due to its competitive prices and high appreciation potential.
The median home cost in Wheeler is $299,600. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Wheeler is up 14.2%.
Average Age of Homes
- The median age of Wheeler real estate is 44 years old
The Rental Market in Wheeler
- Renters make up 11.7% of the Wheeler population
- 13.2% of houses and apartments in Wheeler, 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.