The housing market in St. Joseph, IN County is doing very well as the median value of housing in this county is $191,200, which is much lower than the US House median value of $338,100. Furthermore, homes in St. Joseph County have seen an appreciation of 12.16% over the past year, which is higher than the US house appreciation rate of 8.27%. This suggests that now is a great time for individuals looking to buy a new home in this area as they can purchase an affordable property with potentially strong capital growth potential.
The median home cost in St. Joseph County is $191,200. Home appreciation the last 10 years has been 87.2%. Home Appreciation in St. Joseph County is up 16.3%.
Average Age of Homes
- The median age of St. Joseph County real estate is 50 years old
The Rental Market in St. Joseph County
- Renters make up 27.9% of the St. Joseph County population
- 2.8% of houses and apartments in St. Joseph 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.