The housing market in the Auburn, IN Metro Area is a great investment for anyone looking to purchase a home. The median value of homes in this area is $198,700, which is significantly lower than the US median house value of $338,100. What's more, the 1 year house appreciation rate in Auburn, IN Metro Area is 13.04%, which is even higher than the national appreciation rate of 8.27%. Therefore, this area provides a great opportunity for individuals and families looking for an affordable and growing housing market.
The median home cost in Auburn Metro Area is $198,700. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Auburn Metro Area is up 15.6%.
Average Age of Homes
- The median age of Auburn Metro Area real estate is 44 years old
The Rental Market in Auburn Metro Area
- Renters make up 19.3% of the Auburn Metro Area population
- 1.9% of houses and apartments in Auburn Metro Area, 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.