The housing market in Alamo, IN 47916 is doing well when it comes to appreciation. The median value of a home in Alamo is $71,900, which is much lower than the US median value of $338,100. However, the 1 year house appreciation rate in Alamo was 10.75%, which was higher than the national rate of 8.27%. This shows that the housing market in Alamo has seen a significant increase over the last year and is expected to continue growing.
The median home cost in Alamo (zip 47916) is $71,900. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Alamo (zip 47916) is up 14.6%.
Average Age of Homes
- The median age of Alamo (zip 47916) real estate is 78 years old
The Rental Market in Alamo (zip 47916)
- Renters make up 2.8% of the Alamo (zip 47916) population
- 0.0% of houses and apartments in Alamo (zip 47916), 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.