The housing market in 47342 Gaston, IN is flourishing. According to the data provided, the median value of homes in this area is $170,200, which is substantially lower than the overall US median value of $338,100. This difference makes Gaston a desirable location for potential homeowners looking for more affordable properties. Despite the lower house values, the one year appreciation rate for housing in Gaston is 13.04%, well above the US average of 8.27%. This indicates that buying a home now would be a wise investment that would yield great returns over time.
The median home cost in Gaston (zip 47342) is $170,200. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Gaston (zip 47342) is up 15.1%.
Average Age of Homes
- The median age of Gaston (zip 47342) real estate is 52 years old
The Rental Market in Gaston (zip 47342)
- Renters make up 14.0% of the Gaston (zip 47342) population
- 0.3% of houses and apartments in Gaston (zip 47342), 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.