47116 Eckerty, IN is a great place to invest in housing. The median value of a home in the area is $153,000, which is much lower than the median value of a home in the US, which stands at $338,100. Additionally, over the last year there has been an 8.27% appreciation rate for US homes; whereas homes in 47116 Eckerty have appreciated by 13.41%. This means that investing in housing here could provide a better return on investment compared to other locations across the country.
The median home cost in Eckerty (zip 47116) is $153,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Eckerty (zip 47116) is up 15.2%.
Average Age of Homes
- The median age of Eckerty (zip 47116) real estate is 36 years old
The Rental Market in Eckerty (zip 47116)
- Renters make up 17.5% of the Eckerty (zip 47116) population
- 0.0% of houses and apartments in Eckerty (zip 47116), 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.