Zip 47327 (Cambridge City, IN) Housing

The housing in 47327 Cambridge City, IN is surprisingly well-priced compared to other areas across the US. The median value for this area is $135,500, which is significantly lower than the US house median value of $338,100. That being said, the 1 year house appreciation rate of 13.04% in Cambridge City is higher than the national rate of 8.27%. This could be an indication that there are great investment opportunities in this area and that now may be a good time to buy or invest in housing here.

The median home cost in Cambridge City (zip 47327) is $135,500. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Cambridge City (zip 47327) is up 15.1%.

Average Age of Homes

- The median age of Cambridge City (zip 47327) real estate is 59 years old

The Rental Market in Cambridge City (zip 47327)

- Renters make up 25.3% of the Cambridge City (zip 47327) population
- 0.2% of houses and apartments in Cambridge City (zip 47327), 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	Cambridge City, Indiana	United States
	1,980.0	139,647,020.0
	66	42
	$135,500	$338,100
	15.1%	16.6%
	51.5%	57.0%
	73.6%	101.1%
	$8.38	$10.98
	$861	$2,690
	72.1%	57.4%
	10.2%	11.2%
	17.8%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	9.3%	2.4%
	8.3%	2.8%
	15.3%	3.9%
	11.9%	4.5%
	26.6%	11.3%
	16.5%	13.0%
	5.4%	20.1%
	2.4%	13.6%
	1.0%	8.3%
	0.1%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.6%	13.6%
	4.6%	13.6%
	14.6%	13.6%
	4.0%	13.2%
	9.0%	14.8%
	14.6%	13.6%
	15.3%	10.0%
	6.1%	4.7%
	35.6%	12.2%

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