The median housing value in 47520 Cannelton, IN is $127,700, which is less than the US median housing value of $338,100. The appreciation rate for housing in this area has marginally exceeded the US rate of 8.27%, reaching 8.45% in the past year. This data implies that the real estate market in 47520 Cannelton, IN is appreciating at a slightly faster pace than the national average, and can be a great opportunity for those looking to invest in property here.
The median home cost in Cannelton (zip 47520) is $127,700. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Cannelton (zip 47520) is up 13.8%.
Average Age of Homes
- The median age of Cannelton (zip 47520) real estate is 48 years old
The Rental Market in Cannelton (zip 47520)
- Renters make up 27.3% of the Cannelton (zip 47520) population
- 1.1% of houses and apartments in Cannelton (zip 47520), 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.