The housing market in 47631 New Harmony, IN is a great investment opportunity. The median value of homes in this area is $191,900, which is significantly lower than the US average of $338,100. Additionally, the growth rate of homes in this area over the past year has been 16.17%, which is higher than the national appreciation rate of 8.27%. These figures demonstrate that there is potential for strong returns on investments made in the housing market in 47631 New Harmony.
The median home cost in New Harmony (zip 47631) is $191,900. Home appreciation the last 10 years has been 71.9%. Home Appreciation in New Harmony (zip 47631) is up 16.1%.
Average Age of Homes
- The median age of New Harmony (zip 47631) real estate is 44 years old
The Rental Market in New Harmony (zip 47631)
- Renters make up 16.4% of the New Harmony (zip 47631) population
- 1.3% of houses and apartments in New Harmony (zip 47631), 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.