The housing market in 46039 Forest, IN is thriving. The median value of homes in the area is $181,900, much lower than the US House Median Value which stands at $338,100. In the past year, the US experienced an appreciation rate of 8.27% whereas Forest saw an impressive 13.98% rate of appreciation in home values over the same time period. This demonstrates that housing in Forest is desirable and that more people are drawn to this area for its affordability and growth potential.
The median home cost in Forest (zip 46039) is $181,900. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Forest (zip 46039) is up 18.4%.
Average Age of Homes
- The median age of Forest (zip 46039) real estate is 51 years old
The Rental Market in Forest (zip 46039)
- Renters make up 19.4% of the Forest (zip 46039) population
- 0.0% of houses and apartments in Forest (zip 46039), 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.