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.