French Lick, IN is home to an impressive housing market. The median value of a house in this area is $153,400 which is significantly lower than the US median value of $338,100. In the last year, the US housing appreciation was 8.27%, but French Lick experienced an even greater increase with a 12.85% appreciation in housing values. This suggests that French Lick is experiencing strong economic growth and confidence in its housing market.
The median home cost in French Lick (zip 47432) is $153,400. Home appreciation the last 10 years has been 87.2%. Home Appreciation in French Lick (zip 47432) is up 16.7%.
Average Age of Homes
- The median age of French Lick (zip 47432) real estate is 36 years old
The Rental Market in French Lick (zip 47432)
- Renters make up 24.1% of the French Lick (zip 47432) population
- 1.3% of houses and apartments in French Lick (zip 47432), 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.