Zip 47501 (Washington, IN) Housing

The housing in 47501 Washington, IN is quite affordable compared to the US average. The median value of houses in this area is $156,900 which is much lower than the US median house value of $338,100. Over the course of the last year, house appreciation in this area has seen a slight increase of 8.45%, slightly higher than the 8.27% appreciation rate across the United States as a whole.

The median home cost in Washington (zip 47501) is $156,900. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Washington (zip 47501) is up 13.8%.

Average Age of Homes

- The median age of Washington (zip 47501) real estate is 51 years old

The Rental Market in Washington (zip 47501)

- Renters make up 26.4% of the Washington (zip 47501) population
- 1.2% of houses and apartments in Washington (zip 47501), 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	Washington, Indiana	United States
	7,701.0	139,647,020.0
	55	42
	$156,900	$338,100
	13.8%	16.6%
	45.2%	57.0%
	63.6%	101.1%
	$8.42	$10.98
	$1,080	$2,690
	55.4%	57.4%
	9.6%	11.2%
	35.1%	31.4%
Vacant Housing
	1.2%	1.9%
	0.7%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	6.4%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	3.7%	2.4%
	5.4%	2.8%
	11.1%	3.9%
	15.0%	4.5%
	21.3%	11.3%
	15.5%	13.0%
	18.5%	20.1%
	3.1%	13.6%
	2.7%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	12.5%	13.6%
	5.8%	13.2%
	10.3%	14.8%
	12.5%	13.6%
	9.7%	10.0%
	7.0%	4.7%
	26.4%	12.2%

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