Connersville Metro Area, IN Housing

The housing market in the Connersville, IN Metro Area is experiencing significant growth. The median value of a house in this area is $131,400, which is significantly lower than the US median value of $338,100. This makes it an appealing option for buyers looking to invest in property. Additionally, the 1 year house appreciation rate in this area is 13.40%, much higher than the 8.27% appreciation rate seen throughout the US as a whole. This indicates that investing in property here can bring excellent returns over time and shows that now is an opportune moment to invest in real estate here.

The median home cost in Connersville Metro Area is $131,400. Home appreciation the last 10 years has been 74.2%. Home Appreciation in Connersville Metro Area is up 15.2%.

Average Age of Homes

- The median age of Connersville Metro Area real estate is 54 years old

The Rental Market in Connersville Metro Area

- Renters make up 26.0% of the Connersville Metro Area population
- 0.7% of houses and apartments in Connersville 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Connersville, Indiana	United States
	10,878.0	139,647,020.0
	59	42
	$131,400	$338,100
	15.2%	16.6%
	51.9%	57.0%
	74.2%	101.1%
	$8.13	$10.98
	$719	$2,690
	61.1%	57.4%
	11.0%	11.2%
	27.8%	31.4%
Vacant Housing
	0.7%	1.9%
	0.5%	0.4%
	0.8%	0.7%
	1.2%	0.4%
	0.0%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	6.5%	2.4%
	13.3%	2.8%
	17.8%	3.9%
	16.2%	4.5%
	21.5%	11.3%
	8.9%	13.0%
	8.2%	20.1%
	1.9%	13.6%
	0.8%	8.3%
	0.3%	9.7%
	0.2%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.3%	13.6%
	4.3%	13.6%
	10.1%	13.6%
	7.9%	13.2%
	17.6%	14.8%
	10.1%	13.6%
	13.4%	10.0%
	9.4%	4.7%
	24.8%	12.2%

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