The housing market in 47110 Central, IN is booming with a median value of $157,500 which is significantly lower than the US median value of $338,100. In the last year, houses have appreciated 13.41% compared to the US 1 year house appreciation of 8.27%. This makes 47110 Central, IN an attractive location for potential home buyers looking to invest in real estate due to its low cost and high potential for growth.
The median home cost in Central (zip 47110) is $157,500. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Central (zip 47110) is up 15.2%.
Average Age of Homes
- The median age of Central (zip 47110) real estate is 32 years old
The Rental Market in Central (zip 47110)
- Renters make up 23.3% of the Central (zip 47110) population
- 14.0% of houses and apartments in Central (zip 47110), 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.