Housing in 47446 Mitchell, IN is relatively more affordable than the overall US median, with the median value of a house sitting at $162,000. Furthermore, there has been a strong appreciation rate of 12.85% over the past year, far higher than the national average of 8.27%. This could make it an attractive area for those looking to buy a house in the near future.
The median home cost in Mitchell (zip 47446) is $162,000. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Mitchell (zip 47446) is up 16.7%.
Average Age of Homes
- The median age of Mitchell (zip 47446) real estate is 39 years old
The Rental Market in Mitchell (zip 47446)
- Renters make up 18.7% of the Mitchell (zip 47446) population
- 1.1% of houses and apartments in Mitchell (zip 47446), 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.