In 47965 New Market, IN housing is more affordable than the US median value at $152,300 compared to $338,100 nationally. Furthermore, appreciation of real-estate in New Market has been strong over the past year with a rate of 10.75%, outpacing the US 1 year appreciation rate of 8.27%. Therefore, it may be a good time for prospective home buyers to look into purchasing a home in New Market as there may still be opportunities for growth and investment potential.
The median home cost in New Market (zip 47965) is $152,300. Home appreciation the last 10 years has been 84.4%. Home Appreciation in New Market (zip 47965) is up 14.6%.
Average Age of Homes
- The median age of New Market (zip 47965) real estate is 65 years old
The Rental Market in New Market (zip 47965)
- Renters make up 17.8% of the New Market (zip 47965) population
- 3.9% of houses and apartments in New Market (zip 47965), 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.