Zip 47516 (Bruceville, IN) Housing

The housing market in Bruceville, IN (47516) has seen healthy appreciation over the past year, with an 8.45% increase in median home value. The median value of a house in Bruceville is currently at $171,600, significantly lower than the US median of $338,100. Despite this difference, the housing market in Bruceville remains relatively steady with good appreciation prospects for homeowners and investors alike.

The median home cost in Bruceville (zip 47516) is $171,600. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Bruceville (zip 47516) is up 13.8%.

Average Age of Homes

- The median age of Bruceville (zip 47516) real estate is 45 years old

The Rental Market in Bruceville (zip 47516)

- Renters make up 18.8% of the Bruceville (zip 47516) population
- 0.0% of houses and apartments in Bruceville (zip 47516), 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	Bruceville, Indiana	United States
	489.0	139,647,020.0
	46	42
	$171,600	$338,100
	13.8%	16.6%
	45.2%	57.0%
	63.6%	101.1%
	$7.46	$10.98
	$780	$2,690
	82.8%	57.4%
	10.4%	11.2%
	6.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	9.8%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	7.9%	2.4%
	7.4%	2.8%
	6.2%	3.9%
	15.1%	4.5%
	3.2%	11.3%
	23.7%	13.0%
	24.9%	20.1%
	7.4%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	24.3%	13.6%
	24.3%	13.6%
	5.5%	13.6%
	8.4%	13.2%
	17.8%	14.8%
	5.5%	13.6%
	5.1%	10.0%
	2.0%	4.7%
	28.2%	12.2%

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