Housing in Medaryville, IN has seen significant appreciation over the past year. According to data, the median value of homes in this area is $141,600, which is considerably lower than the nationwide median value of $338,100. Despite the lower cost of housing in Medaryville, it still has seen a 10.75% year-over-year appreciation rate - greater than the US average of 8.27%. This indicates that investing in property in Medaryville can be a sound financial decision as it offers both economical options and strong returns on investment.
The median home cost in Medaryville (zip 47957) is $141,600. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Medaryville (zip 47957) is up 14.6%.
Average Age of Homes
- The median age of Medaryville (zip 47957) real estate is 47 years old
The Rental Market in Medaryville (zip 47957)
- Renters make up 24.1% of the Medaryville (zip 47957) population
- 3.9% of houses and apartments in Medaryville (zip 47957), 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.