The housing in Mecca, IN (47860) is significantly lower than the US house median value, at just $53,800. However, it has experienced a much higher rate of appreciation than the national average in the past year, with an impressive 14.15% increase in house values. This increase is more than double the US 1 year house appreciation rate of 8.27%, making this an attractive market for those wanting to invest in real estate. With its relatively low median value and high appreciation, Mecca could be a great opportunity for those looking to buy a home or invest.
The median home cost in Mecca (zip 47860) is $53,800. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Mecca (zip 47860) is up 15.4%.
Average Age of Homes
- The median age of Mecca (zip 47860) real estate is 56 years old
The Rental Market in Mecca (zip 47860)
- Renters make up 18.3% of the Mecca (zip 47860) population
- 0.0% of houses and apartments in Mecca (zip 47860), 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.