The housing market in 47850 Farmersburg, IN is quite robust. The median value of homes in the area is $133,200 which is significantly lower than the US median house value of $338,100. This provides potential buyers with an attractive opportunity to purchase a home with much more buying power than what may be found in other areas of the country. Additionally, the 1 year house appreciation rate for Farmersburg has been 14.15% while the US average is 8.27%. This greater level of appreciation shows that housing prices in Farmersburg are growing quickly and could provide buyers with a good return on their investment.
The median home cost in Farmersburg (zip 47850) is $133,200. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Farmersburg (zip 47850) is up 15.4%.
Average Age of Homes
- The median age of Farmersburg (zip 47850) real estate is 51 years old
The Rental Market in Farmersburg (zip 47850)
- Renters make up 21.3% of the Farmersburg (zip 47850) population
- 0.0% of houses and apartments in Farmersburg (zip 47850), 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.