Housing in Wakarusa, IN is quite affordable compared to the US median with a median value of $261,000. This is approximately $77,100 less than the US median housing value of $338,100. The housing appreciation rate in Wakarusa is also much higher than the national average at 13.05% compared to 8.27%. This indicates that investing in housing in Wakarusa can be a wise decision as homes there are likely to appreciate much faster than nationwide averages.
The median home cost in Wakarusa (zip 46573) is $261,000. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Wakarusa (zip 46573) is up 16.4%.
Average Age of Homes
- The median age of Wakarusa (zip 46573) real estate is 59 years old
The Rental Market in Wakarusa (zip 46573)
- Renters make up 16.0% of the Wakarusa (zip 46573) population
- 4.1% of houses and apartments in Wakarusa (zip 46573), 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.