Housing in 47862 Montezuma, IN is a great opportunity for anyone looking to invest in real estate. The median value of housing in 47862 Montezuma, IN is $110,500, which is significantly lower than the US house median value of $338,100. In addition to the significant savings provided by the lower median value of housing in 47862 Montezuma, IN, there has been an impressive 14.15% appreciation rate over the past year - much higher than the US appreciation rate of 8.27%. This makes 47862 Montezuma, IN an attractive option for buyers looking for quality homes at a reasonable price with potential for increased returns on their investment.
The median home cost in Montezuma (zip 47862) is $110,500. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Montezuma (zip 47862) is up 15.4%.
Average Age of Homes
- The median age of Montezuma (zip 47862) real estate is 59 years old
The Rental Market in Montezuma (zip 47862)
- Renters make up 19.8% of the Montezuma (zip 47862) population
- 1.3% of houses and apartments in Montezuma (zip 47862), 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.