The housing market in the Kendallville, IN Metro Area is a strong one. The median value of homes in this area is $208,600, which is significantly lower than the US median valued at $338,100. Despite this difference, there has been an 8.27% appreciation rate of housing values over the past year. This rate is on par with the national average for 1 year house appreciation. This indicates that Kendallville's real estate market is vibrant and well-maintained despite its relatively low cost of living compared to other areas of the country.
The median home cost in Kendallville Metro Area is $208,600. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Kendallville Metro Area is up 15.6%.
Average Age of Homes
- The median age of Kendallville Metro Area real estate is 44 years old
The Rental Market in Kendallville Metro Area
- Renters make up 21.4% of the Kendallville Metro Area population
- 1.8% of houses and apartments in Kendallville 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.