The housing market in Parke County, IN is comparable to the US average in terms of median value. The median value of a home in Parke County stands at just over $168,900, whereas the US median is at $338,100. Furthermore, both the US and Parke County experienced nearly identical one year house appreciation rates - 8.27% and 8.45%, respectively. Those looking for a new home could definitely consider the housing market in Parke County as it has much to offer from low prices to good appreciation potential.
The median home cost in Parke County is $168,900. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Parke County is up 15.4%.
Average Age of Homes
- The median age of Parke County real estate is 43 years old
The Rental Market in Parke County
- Renters make up 13.6% of the Parke County population
- 0.1% of houses and apartments in Parke 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.