Zip 46960 (Monterey, IN) Housing

The housing median value in 46960 Monterey, IN is $144,800, which is much lower than the U.S. house median value of $338,100. While the U.S. experienced an 8.27% one year house appreciation rate, 46960 Monterey had a higher one year house appreciation rate of 9.99%. This suggests that the housing market in Monterey is relatively strong and more attractive to potential home buyers than other areas in the U.S.

The median home cost in Monterey (zip 46960) is $144,800. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Monterey (zip 46960) is up 10.5%.

Average Age of Homes

- The median age of Monterey (zip 46960) real estate is 44 years old

The Rental Market in Monterey (zip 46960)

- Renters make up 15.3% of the Monterey (zip 46960) population
- 0.0% of houses and apartments in Monterey (zip 46960), 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	Monterey, Indiana	United States
	699.0	139,647,020.0
	49	42
	$144,800	$338,100
	10.5%	16.6%
	52.1%	57.0%
	72.1%	101.1%
	$4.40	$10.98
	$588	$2,690
	52.5%	57.4%
	32.8%	11.2%
	14.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.1%	0.7%
	0.4%	0.4%
	13.9%	3.6%
	16.3%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	27.5%	2.4%
	7.6%	2.8%
	7.6%	3.9%
	5.2%	4.5%
	19.9%	11.3%
	10.4%	13.0%
	15.3%	20.1%
	3.8%	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%
	9.2%	13.6%
	9.2%	13.6%
	8.7%	13.6%
	24.3%	13.2%
	4.1%	14.8%
	8.7%	13.6%
	10.2%	10.0%
	4.9%	4.7%
	25.0%	12.2%

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