Zip 47958 (Mellott, IN) Housing

The housing market in 47958 Mellott, IN is on the rise. The median value of housing in the area is $131,200 which is significantly less than the US median of $338,100. In the last year alone, the value of housing in 47958 Mellott has appreciated by 10.75% as compared to 8.27% nationwide. With such a significant upturn in home values and appreciation rates this could be a great time to purchase property in this location.

The median home cost in Mellott (zip 47958) is $131,200. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Mellott (zip 47958) is up 14.6%.

Average Age of Homes

- The median age of Mellott (zip 47958) real estate is 49 years old

The Rental Market in Mellott (zip 47958)

- Renters make up 12.9% of the Mellott (zip 47958) population
- 0.0% of houses and apartments in Mellott (zip 47958), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mellott, Indiana	United States
	64.0	139,647,020.0
	62	42
	$131,200	$338,100
	14.6%	16.6%
	58.9%	57.0%
	84.4%	101.1%
	$6.45	$10.98
	$450	$2,690
	68.8%	57.4%
	21.9%	11.2%
	9.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	7.8%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	14.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	11.4%	2.4%
	18.2%	2.8%
	13.6%	3.9%
	0.0%	4.5%
	34.1%	11.3%
	22.7%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	10.9%	13.6%
	9.4%	13.2%
	6.3%	14.8%
	10.9%	13.6%
	20.3%	10.0%
	0.0%	4.7%
	31.3%	12.2%

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