Miami, IN County has an impressive housing market with a median value of $124,700. This is significantly lower than the US house median value of $338,100, yet the 1 year house appreciation in Miami is even more impressive at 12.85%, compared to the US rate of 8.27%. These figures show that Miami's housing market is growing faster than the nation's average and could be a good reason for potential buyers to consider purchasing a home in this area.
The median home cost in Miami County is $124,700. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Miami County is up 10.5%.
Average Age of Homes
- The median age of Miami County real estate is 60 years old
The Rental Market in Miami County
- Renters make up 22.0% of the Miami County population
- 1.8% of houses and apartments in Miami County, 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.