Ripley, IN County is an excellent area for potential homeowners looking for a great investment. The median housing value in the county is currently $243,500, which is significantly lower than the US house median of $338,100. Additionally, the one-year house appreciation rate in Ripley County is 13.55%, much higher than the US's 8.27%. These factors make Ripley County an attractive option for potential buyers who are looking to purchase a home with good appreciation potential.
The median home cost in Ripley County is $243,500. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Ripley County is up 14.6%.
Average Age of Homes
- The median age of Ripley County real estate is 42 years old
The Rental Market in Ripley County
- Renters make up 21.0% of the Ripley County population
- 1.5% of houses and apartments in Ripley 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.