The housing market in Winchester, IN is a great investment opportunity with a median value of $118,000 compared to the US median of $338,100. The US has seen an appreciation rate of 8.27% in the last year whereas Winchester has seen a higher appreciation rate of 13.04%. This makes it an especially attractive option for those looking to purchase or invest in real estate in the area.
The median home cost in Winchester is $118,000. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Winchester is up 15.1%.
Average Age of Homes
- The median age of Winchester real estate is 63 years old
The Rental Market in Winchester
- Renters make up 32.0% of the Winchester population
- 3.8% of houses and apartments in Winchester, 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.