The housing market in Lawrence, IN 46216 is performing well. The median value for houses in this area is $285,600, which is significantly lower than the US House Median Value of $338,100. In the last year, the US house appreciation rate was 8.27%, but in Lawrence it was 10.28%. This shows that the Lawrence housing market is thriving and homes are on the rise in value at a faster rate than in other places across the country.
The median home cost in Lawrence (zip 46216) is $285,600. Home appreciation the last 10 years has been 105.7%. Home Appreciation in Lawrence (zip 46216) is up 17.3%.
Average Age of Homes
- The median age of Lawrence (zip 46216) real estate is 17 years old
The Rental Market in Lawrence (zip 46216)
- Renters make up 58.6% of the Lawrence (zip 46216) population
- 2.5% of houses and apartments in Lawrence (zip 46216), 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.