Zip 46539 (Mentone, IN) Housing

Mentone, IN (46539) is a great place to invest in the housing market. The median house value in Mentone is $177,100, which is significantly lower than the US median value of $338,100. In the past year, the appreciation rate of housing values in Mentone was 13.05%, compared to 8.27% for the US as a whole. This suggests that now is a great time to invest in real estate in Mentone as its housing values are appreciating at a higher rate than the national average.

The median home cost in Mentone (zip 46539) is $177,100. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Mentone (zip 46539) is up 16.4%.

Average Age of Homes

- The median age of Mentone (zip 46539) real estate is 55 years old

The Rental Market in Mentone (zip 46539)

- Renters make up 15.2% of the Mentone (zip 46539) population
- 0.7% of houses and apartments in Mentone (zip 46539), 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	Mentone, Indiana	United States
	1,062.0	139,647,020.0
	66	42
	$177,100	$338,100
	16.4%	16.6%
	58.3%	57.0%
	87.0%	101.1%
	$6.70	$10.98
	$733	$2,690
	75.4%	57.4%
	5.6%	11.2%
	19.0%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	3.5%	0.4%
	0.0%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	5.7%	2.6%
	3.0%	2.4%
	2.5%	2.8%
	11.4%	3.9%
	20.4%	4.5%
	27.7%	11.3%
	11.6%	13.0%
	11.6%	20.1%
	3.7%	13.6%
	1.0%	8.3%
	1.1%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.9%	13.6%
	9.9%	13.6%
	7.9%	13.6%
	5.9%	13.2%
	9.6%	14.8%
	7.9%	13.6%
	9.1%	10.0%
	3.8%	4.7%
	41.9%	12.2%

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