Zip 46902 (Kokomo, IN) Housing


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Kokomo, IN (46902) has a median housing value of $163,800, which is much lower than the U.S. median of $338,100. While house appreciation in the U.S. as a whole was 8.27% in the past year, Kokomo saw significantly higher appreciation at 9.99%. This suggests a strong demand for housing in Kokomo despite its lower median value relative to other areas of the U.S., making it an attractive option for buyers looking for better-than-average returns on their investment.

The median home cost in Kokomo (zip 46902) is $163,800. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Kokomo (zip 46902) is up 10.5%.

Average Age of Homes
- The median age of Kokomo (zip 46902) real estate is 47 years old
The Rental Market in Kokomo (zip 46902)
- Renters make up 31.3% of the Kokomo (zip 46902) population
- 3.0% of houses and apartments in Kokomo (zip 46902), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingKokomo, IndianaUnited States
  17,574.0139,647,020.0
  5042
  $163,800$338,100
  10.5%16.6%
  52.1%57.0%
  72.1%101.1%
  $8.63$10.98
  $1,048$2,690
  59.8%57.4%
  11.7%11.2%
  28.5%31.4%
  Vacant Housing
  3.0%1.9%
  0.6%0.4%
  1.0%0.7%
  0.7%0.4%
  1.3%3.6%
  5.1%4.1%
  Value of Owner-Occupied Housing
  1.6%2.6%
  2.7%2.4%
  6.8%2.8%
  11.4%3.9%
  13.4%4.5%
  29.0%11.3%
  15.6%13.0%
  13.6%20.1%
  3.7%13.6%
  1.4%8.3%
  0.4%9.7%
  0.0%3.9%
  0.0%2.2%
  0.1%0.8%
  0.3%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  9.5%13.6%
  9.5%13.6%
  14.8%13.6%
  9.0%13.2%
  15.3%14.8%
  14.8%13.6%
  12.7%10.0%
  5.9%4.7%
  11.1%12.2%
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