Zip 46738 (Garrett, IN) Housing

The housing market in 46738 Garrett, IN is healthy and growing. The median value of homes in the area is currently $151,800, which is significantly lower than the national median value of $338,100. The appreciation rate for the US homes in the past year was 8.27%, whereas in 46738 Garrett it was higher at 9.06%. This indicates that owning a home here should be a good investment for the future as house values are increasing quickly.

The median home cost in Garrett (zip 46738) is $151,800. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Garrett (zip 46738) is up 15.6%.

Average Age of Homes

- The median age of Garrett (zip 46738) real estate is 57 years old

The Rental Market in Garrett (zip 46738)

- Renters make up 27.7% of the Garrett (zip 46738) population
- 4.9% of houses and apartments in Garrett (zip 46738), 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	Garrett, Indiana	United States
	3,691.0	139,647,020.0
	59	42
	$151,800	$338,100
	15.6%	16.6%
	58.7%	57.0%
	83.5%	101.1%
	$8.04	$10.98
	$947	$2,690
	74.9%	57.4%
	9.1%	11.2%
	16.0%	31.4%
Vacant Housing
	4.9%	1.9%
	0.4%	0.4%
	1.5%	0.7%
	1.0%	0.4%
	0.0%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	0.0%	2.4%
	2.1%	2.8%
	8.5%	3.9%
	20.8%	4.5%
	29.5%	11.3%
	11.8%	13.0%
	13.7%	20.1%
	2.7%	13.6%
	4.3%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.2%	13.6%
	7.2%	13.6%
	15.5%	13.6%
	7.3%	13.2%
	9.1%	14.8%
	15.5%	13.6%
	9.2%	10.0%
	3.6%	4.7%
	36.4%	12.2%

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