Kokomo, IN is a great place to call home. The median house value in the 46901 zip code is $121,600, which is considerably lower than the US median house value of $338,100. Despite being lower than the national average, Kokomo has seen a 9.99% increase in housing prices over the last year - higher than the US national appreciation rate of 8.27%. This means that Kokomo is becoming an increasingly attractive market for those looking to invest in real estate. With its low median house values and high appreciation rates, now is a great time to consider investing in Kokomo's housing market.
The median home cost in Kokomo (zip 46901) is $121,600. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Kokomo (zip 46901) is up 10.5%.
Average Age of Homes
- The median age of Kokomo (zip 46901) real estate is 55 years old
The Rental Market in Kokomo (zip 46901)
- Renters make up 28.0% of the Kokomo (zip 46901) population
- 2.8% of houses and apartments in Kokomo (zip 46901), 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.