In Springport, IN (47386), the median value of housing is $207,100, which is significantly lower than the national median value of $338,100. Despite this difference in price, housing in Springport has still appreciated above the national rate over the past year; with a 1 year appreciation rate of 13.04%. This higher rate suggests that Springport could be a viable option for those looking to purchase property at an affordable price and who would benefit from a strong potential for appreciation.
The median home cost in Springport (zip 47386) is $207,100. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Springport (zip 47386) is up 15.1%.
Average Age of Homes
- The median age of Springport (zip 47386) real estate is 43 years old
The Rental Market in Springport (zip 47386)
- Renters make up 7.7% of the Springport (zip 47386) population
- 1.2% of houses and apartments in Springport (zip 47386), 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.