Zip 46550 (Nappanee, IN) Housing

Housing in 46550 Nappanee, IN is a great investment. The median value of homes in the area is $251,000, which is much lower than the US median of $338,100. In the last year alone, homes have appreciated by a remarkable 13.05%, compared to a nationwide appreciation rate of 8.27%. This makes Nappanee an attractive option for anyone looking to purchase real estate and take advantage of a strong housing market.

The median home cost in Nappanee (zip 46550) is $251,000. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Nappanee (zip 46550) is up 16.4%.

Average Age of Homes

- The median age of Nappanee (zip 46550) real estate is 42 years old

The Rental Market in Nappanee (zip 46550)

- Renters make up 20.9% of the Nappanee (zip 46550) population
- 1.4% of houses and apartments in Nappanee (zip 46550), 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	Nappanee, Indiana	United States
	4,383.0	139,647,020.0
	44	42
	$251,000	$338,100
	16.4%	16.6%
	58.3%	57.0%
	87.0%	101.1%
	$7.04	$10.98
	$1,427	$2,690
	63.6%	57.4%
	5.4%	11.2%
	31.1%	31.4%
Vacant Housing
	1.4%	1.9%
	0.4%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	1.1%	2.4%
	1.4%	2.8%
	1.0%	3.9%
	6.2%	4.5%
	23.5%	11.3%
	12.9%	13.0%
	33.3%	20.1%
	10.9%	13.6%
	2.9%	8.3%
	3.4%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.7%	0.2%
	10.1%	13.6%
	10.1%	13.6%
	13.1%	13.6%
	10.4%	13.2%
	10.4%	14.8%
	13.1%	13.6%
	9.9%	10.0%
	4.1%	4.7%
	22.2%	12.2%

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