The housing market in 46350 La Porte, IN is quite strong. The median value of homes in the area is $218,400 which is much lower than the median housing value in the US overall at $338,100. Despite the lower median value, the 1 year house appreciation rate in 46350 La Porte, IN is actually higher than the national average with a rate of 9.67%. This indicates that housing prices are increasing faster than they are nationally and indicates a growing demand for homes within this area.
The median home cost in La Porte (zip 46350) is $218,400. Home appreciation the last 10 years has been 76.1%. Home Appreciation in La Porte (zip 46350) is up 14.2%.
Average Age of Homes
- The median age of La Porte (zip 46350) real estate is 48 years old
The Rental Market in La Porte (zip 46350)
- Renters make up 24.9% of the La Porte (zip 46350) population
- 1.1% of houses and apartments in La Porte (zip 46350), 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.