The housing market in Scott, IN County is incredibly strong. The median house value is currently at $164,900, significantly lower than the US median of $338,100. Despite this difference in value, the appreciation rate for houses in Scott, IN County during the last year has been 13.55%, which is much higher than the national average of 8.27%. This suggests that property values in Scott are likely to continue increasing due to a stable local economy and increased demand for housing in the area.
The median home cost in Scott County is $164,900. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Scott County is up 15.2%.
Average Age of Homes
- The median age of Scott County real estate is 40 years old
The Rental Market in Scott County
- Renters make up 24.4% of the Scott County population
- 1.9% of houses and apartments in Scott 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.