Zip 46057 (Michigantown, IN) Housing

Housing in Michigantown, IN 46057 is currently valued at a median of $188,200. This is significantly lower than the US house median value of $338,100. However, while the US house appreciation rate has been 8.27% over the past year, houses in Michigantown have seen an even greater appreciation of 13.98% over that same time period. This suggests that Michigantown is a good location for those looking to purchase a home and benefit from increased property values over time.

The median home cost in Michigantown (zip 46057) is $188,200. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Michigantown (zip 46057) is up 18.4%.

Average Age of Homes

- The median age of Michigantown (zip 46057) real estate is 78 years old

The Rental Market in Michigantown (zip 46057)

- Renters make up 36.4% of the Michigantown (zip 46057) population
- 2.5% of houses and apartments in Michigantown (zip 46057), 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	Michigantown, Indiana	United States
	436.0	139,647,020.0
	69	42
	$188,200	$338,100
	18.4%	16.6%
	62.5%	57.0%
	92.9%	101.1%
	$7.14	$10.98
	$1,030	$2,690
	75.7%	57.4%
	3.4%	11.2%
	20.9%	31.4%
Vacant Housing
	2.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	4.2%	2.6%
	2.4%	2.4%
	1.2%	2.8%
	9.4%	3.9%
	4.8%	4.5%
	12.1%	11.3%
	20.3%	13.0%
	25.5%	20.1%
	20.0%	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%
	2.1%	13.6%
	2.1%	13.6%
	17.4%	13.6%
	10.3%	13.2%
	5.3%	14.8%
	17.4%	13.6%
	12.6%	10.0%
	4.1%	4.7%
	43.8%	12.2%

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