Zip 47265 (North Vernon, IN) Housing

The housing market in 47265 North Vernon, IN has a median value of $175,500, which is significantly lower than the US median house value of $338,100. Despite this, the 1 year appreciation rate for houses in this area is 8.69%, which is slightly higher than the national average of 8.27%. This reflects the relatively strong growth seen in housing values in this area over the past year. As such, those looking to buy into this neighborhood should be aware that there may be some attractive investment opportunities available.

The median home cost in North Vernon (zip 47265) is $175,500. Home appreciation the last 10 years has been 74.5%. Home Appreciation in North Vernon (zip 47265) is up 15.8%.

Average Age of Homes

- The median age of North Vernon (zip 47265) real estate is 38 years old

The Rental Market in North Vernon (zip 47265)

- Renters make up 22.9% of the North Vernon (zip 47265) population
- 1.1% of houses and apartments in North Vernon (zip 47265), 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	North Vernon, Indiana	United States
	8,789.0	139,647,020.0
	42	42
	$175,500	$338,100
	15.8%	16.6%
	56.8%	57.0%
	74.5%	101.1%
	$7.36	$10.98
	$779	$2,690
	68.0%	57.4%
	13.7%	11.2%
	18.3%	31.4%
Vacant Housing
	1.1%	1.9%
	0.6%	0.4%
	0.3%	0.7%
	1.1%	0.4%
	2.7%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	8.1%	2.6%
	6.0%	2.4%
	4.8%	2.8%
	7.9%	3.9%
	20.9%	4.5%
	18.9%	11.3%
	13.9%	13.0%
	12.2%	20.1%
	3.7%	13.6%
	1.6%	8.3%
	0.5%	9.7%
	0.1%	3.9%
	1.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	20.8%	13.6%
	11.9%	13.2%
	17.9%	14.8%
	20.8%	13.6%
	11.2%	10.0%
	3.1%	4.7%
	11.4%	12.2%

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