Auburn, Indiana is a great place to invest in housing. The median value of homes in the area is $211,400, which is slightly lower than the US house median value of $338,100. However, the one year house appreciation rate for Auburn is higher than the national rate at 9.06%, making it an excellent choice for those looking to buy or invest in property. With a relatively low cost and high return on investment potential, Auburn makes an attractive option for anyone interested in getting into real estate.
The median home cost in Auburn (zip 46706) is $211,400. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Auburn (zip 46706) is up 15.6%.
Average Age of Homes
- The median age of Auburn (zip 46706) real estate is 38 years old
The Rental Market in Auburn (zip 46706)
- Renters make up 17.8% of the Auburn (zip 46706) population
- 1.2% of houses and apartments in Auburn (zip 46706), 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.