The housing market in 46721 Butler, IN is vibrant and strong. According to current statistics, the median value for a house in this area is $165,000, which is much lower than the US median value of $338,100. Over the last year, the appreciation rate for homes in 46721 Butler has been 9.06%, just above the US average of 8.27%. This indicates that properties in this area not only remain stable but also have a steady increase in their values over time. With its relatively low cost of living and robust real estate market, 46721 Butler is an excellent place to look for a new home or rental property.
The median home cost in Butler (zip 46721) is $165,000. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Butler (zip 46721) is up 15.6%.
Average Age of Homes
- The median age of Butler (zip 46721) real estate is 62 years old
The Rental Market in Butler (zip 46721)
- Renters make up 20.9% of the Butler (zip 46721) population
- 2.3% of houses and apartments in Butler (zip 46721), 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.