Housing in 47429 Ellettsville, IN is very attractive due to its median value of $251,500, which is significantly lower than the US house median value of $338,100. Additionally, the 1 year house appreciation rate in Ellettsville is 12.85%, higher than the national rate of 8.27%. This makes for a great investment opportunity for those interested in taking advantage of the affordable housing option and potential future gains.
The median home cost in Ellettsville (zip 47429) is $251,500. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Ellettsville (zip 47429) is up 16.7%.
Average Age of Homes
- The median age of Ellettsville (zip 47429) real estate is 30 years old
The Rental Market in Ellettsville (zip 47429)
- Renters make up 19.1% of the Ellettsville (zip 47429) population
- 0.9% of houses and apartments in Ellettsville (zip 47429), 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.