The housing market in 46940 La Fontaine, IN is very strong. The median value of housing in the area is currently $158,700, which is significantly lower than the US median house value of $338,100. This presents a great opportunity for potential homeowners and investors alike as the 1 year appreciation rate for homes in this area is even higher than the national average at 9.99%. This means that those who purchase a home in this area stand to benefit from a higher return on their investment. For anyone looking to buy or invest in real estate, 46940 La Fontaine, IN should be at the top of their list.
The median home cost in La Fontaine (zip 46940) is $158,700. Home appreciation the last 10 years has been 72.1%. Home Appreciation in La Fontaine (zip 46940) is up 10.5%.
Average Age of Homes
- The median age of La Fontaine (zip 46940) real estate is 60 years old
The Rental Market in La Fontaine (zip 46940)
- Renters make up 15.5% of the La Fontaine (zip 46940) population
- 1.1% of houses and apartments in La Fontaine (zip 46940), 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.