47847 Dana, IN is a great place to invest in housing. According to the latest figures, the median value of housing in this area is $118,400 which is significantly lower than the national median value of $338,100. Furthermore, Dana has seen an impressive 14.15% increase in housing appreciation over the past year compared to a 8.27% national increase. This makes for an excellent opportunity for potential buyers or investors looking to capitalize on a growing market. With its low prices and high rate of appreciation, 47847 Dana looks like a great option when it comes to housing investments.
The median home cost in Dana (zip 47847) is $118,400. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Dana (zip 47847) is up 15.4%.
Average Age of Homes
- The median age of Dana (zip 47847) real estate is 74 years old
The Rental Market in Dana (zip 47847)
- Renters make up 13.2% of the Dana (zip 47847) population
- 0.0% of houses and apartments in Dana (zip 47847), 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.