The housing market in 46542 Milford, IN is significantly higher than the US House Median Value. According to data from the US Census Bureau, the median value of homes here is $231,800 compared to the US House Median Value which stands at $338,100. Furthermore, the 1 year appreciation rate of housing in this area is 13.05%, which is considerably higher than the US 1 year house appreciation rate of 8.27%. This indicates that home values are rapidly increasing in 46542 Milford, IN and the local housing market remains strong and stable.
The median home cost in Milford (zip 46542) is $231,800. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Milford (zip 46542) is up 16.4%.
Average Age of Homes
- The median age of Milford (zip 46542) real estate is 37 years old
The Rental Market in Milford (zip 46542)
- Renters make up 19.3% of the Milford (zip 46542) population
- 0.0% of houses and apartments in Milford (zip 46542), 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.