The housing market in Kentland, IN (47951) is thriving with a median value of $151,000. This is significantly lower than the US house median value of $338,100. The appreciation rate for US homes over a one-year period is 8.27%, while Kentland's houses appreciated by 10.75% over the same period; this indicates that the housing market in Kentland is outperforming the national average. With such a strong appreciation rate and relatively low median home values, it's clear that investing in real estate in Kentland would be a good decision.
The median home cost in Kentland (zip 47951) is $151,000. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Kentland (zip 47951) is up 14.6%.
Average Age of Homes
- The median age of Kentland (zip 47951) real estate is 61 years old
The Rental Market in Kentland (zip 47951)
- Renters make up 30.7% of the Kentland (zip 47951) population
- 1.9% of houses and apartments in Kentland (zip 47951), 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.