The city of Brownstown in 47220, IN has an impressive housing median value of $192,400. This is significantly lower than the US House Median Value of $338,100. Despite this, the 1 year House Appreciation rate in Brownstown is slightly higher than that of the country at 8.69%. This is good news for those looking to invest in the real estate market here in Brownstown. The appreciation rate suggests that homeowners can expect their houses to increase in value over time and make a return on their investment.
The median home cost in Brownstown (zip 47220) is $192,400. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Brownstown (zip 47220) is up 15.8%.
Average Age of Homes
- The median age of Brownstown (zip 47220) real estate is 46 years old
The Rental Market in Brownstown (zip 47220)
- Renters make up 26.0% of the Brownstown (zip 47220) population
- 0.9% of houses and apartments in Brownstown (zip 47220), 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.