The housing market in 47551 Leopold, IN is quite thriving. The median value of homes in the area is currently $175,700, which is significantly lower than the US median value of $338,100. However, this does not mean that it's a bad investment - in the past year, house appreciation has been 8.45% in 47551 Leopold, IN compared to the US 1-year house appreciation rate of 8.27%. This indicates that housing prices have been trending upwards for this area and could make for an excellent long-term investment for prospective buyers.
The median home cost in Leopold (zip 47551) is $175,700. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Leopold (zip 47551) is up 13.8%.
Average Age of Homes
- The median age of Leopold (zip 47551) real estate is 41 years old
The Rental Market in Leopold (zip 47551)
- Renters make up 2.9% of the Leopold (zip 47551) population
- 0.0% of houses and apartments in Leopold (zip 47551), 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.