The housing market in 46127 Falmouth, IN is thriving. The median value of houses in this area is $196,700, significantly lower than the US median of $338,100. However, house appreciation here has been much more impressive than the national average of 8.27%, with a 1 year appreciation rate of 13.55%. This means that homeowners here are seeing their investments increase at a rapid pace compared to other areas in the US. With this strong growth, now may be an ideal time for those looking to purchase a home in this area.
The median home cost in Falmouth (zip 46127) is $196,700. Home appreciation the last 10 years has been 95.7%. Home Appreciation in Falmouth (zip 46127) is up 17.9%.
Average Age of Homes
- The median age of Falmouth (zip 46127) real estate is 78 years old
The Rental Market in Falmouth (zip 46127)
- Renters make up 14.0% of the Falmouth (zip 46127) population
- 0.0% of houses and apartments in Falmouth (zip 46127), 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.