The housing market in 47613 Elberfeld, IN is very strong with currently the median value of a house being $209,500. This is significantly lower than the US House Median Value ($338,100), but it has appreciated faster over the last year at 16.17%, where the US 1 year House Appreciation is 8.27%. This large appreciation rate suggests that housing prices in 47613 Elberfeld, IN will continue to rise in the near future.
The median home cost in Elberfeld (zip 47613) is $209,500. Home appreciation the last 10 years has been 71.9%. Home Appreciation in Elberfeld (zip 47613) is up 16.1%.
Average Age of Homes
- The median age of Elberfeld (zip 47613) real estate is 49 years old
The Rental Market in Elberfeld (zip 47613)
- Renters make up 8.0% of the Elberfeld (zip 47613) population
- 4.1% of houses and apartments in Elberfeld (zip 47613), 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.