The housing market in Lynn, IN (zip 47355) is looking strong. The median value of housing is $132,600 which is significantly lower than the US median value of $338,100. However, the 1 year house appreciation in Lynn was 13.04% which is higher than the national rate of 8.27%. This indicates that the housing market in Lynn is growing and increasing in value at a faster rate than the average for the rest of the United States.
The median home cost in Lynn (zip 47355) is $132,600. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Lynn (zip 47355) is up 15.1%.
Average Age of Homes
- The median age of Lynn (zip 47355) real estate is 70 years old
The Rental Market in Lynn (zip 47355)
- Renters make up 15.8% of the Lynn (zip 47355) population
- 0.6% of houses and apartments in Lynn (zip 47355), 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.