The housing in 47550 Lamar, IN has a median value of $219,500, which is lower than the US house median value of $338,100. However, the one year house appreciation in 47550 Lamar, IN is 8.45%, which is higher than the US one year house appreciation of 8.27%. This suggests that in spite of the lower median value compared to the national average, housing prices in 47550 Lamar, IN are still on an upward trajectory and may be potentially attractive to property investors or those looking for a new place to call home.
The median home cost in Lamar (zip 47550) is $219,500. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Lamar (zip 47550) is up 13.8%.
Average Age of Homes
- The median age of Lamar (zip 47550) real estate is 24 years old
The Rental Market in Lamar (zip 47550)
- Renters make up 2.2% of the Lamar (zip 47550) population
- 0.0% of houses and apartments in Lamar (zip 47550), 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.