The housing market in the Warsaw, IN Metro Area is very strong. The median value of homes in the area is $232,700, which is significantly lower than the United States house median value of $338,100. In the past year alone, houses in Warsaw have appreciated by 10.08%, while the national rate was 8.27%. This indicates that demand for housing in this area is growing and that now could be a great time to invest in real estate. Furthermore, with home prices being lower than the national average, this makes owning property in the Warsaw Metro Area even more attractive for potential buyers.
The median home cost in Warsaw Metro Area is $232,700. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Warsaw Metro Area is up 16.2%.
Average Age of Homes
- The median age of Warsaw Metro Area real estate is 39 years old
The Rental Market in Warsaw Metro Area
- Renters make up 18.1% of the Warsaw Metro Area population
- 0.9% of houses and apartments in Warsaw 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.