Zip 47224 (Canaan, IN) Housing

Housing in 47224 Canaan, IN is quite affordable, with the median value coming in at $222,100. This is far lower than the US median of $338,100 and has seen an appreciation rate of 8.69% over the past year; slightly higher than the US average of 8.27%. While there may be some variation depending on the type and location of housing in this area, it provides a great opportunity for those looking for affordable housing options.

The median home cost in Canaan (zip 47224) is $222,100. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Canaan (zip 47224) is up 15.8%.

Average Age of Homes

- The median age of Canaan (zip 47224) real estate is 78 years old

The Rental Market in Canaan (zip 47224)

- Renters make up 19.4% of the Canaan (zip 47224) population
- 0.0% of houses and apartments in Canaan (zip 47224), 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	Canaan, Indiana	United States
	160.0	139,647,020.0
	29	42
	$222,100	$338,100
	15.8%	16.6%
	56.8%	57.0%
	74.5%	101.1%
	$7.31	$10.98
	$508	$2,690
	95.6%	57.4%
	4.4%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	4.4%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	10.5%	2.6%
	7.2%	2.4%
	13.1%	2.8%
	21.6%	3.9%
	21.6%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	10.5%	13.6%
	7.2%	8.3%
	8.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.0%	13.6%
	10.0%	13.6%
	38.8%	13.6%
	6.9%	13.2%
	9.4%	14.8%
	38.8%	13.6%
	0.0%	10.0%
	4.4%	4.7%
	22.5%	12.2%

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