Zip 47965 (New Market, IN) Housing

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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Market, Indiana	United States
	256.0	139,647,020.0
	70	42
	$152,300	$338,100
	14.6%	16.6%
	58.9%	57.0%
	84.4%	101.1%
	$5.48	$10.98
	$650	$2,690
	74.6%	57.4%
	8.6%	11.2%
	16.8%	31.4%
Vacant Housing
	3.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	2.6%	2.8%
	13.6%	3.9%
	21.5%	4.5%
	27.2%	11.3%
	30.4%	13.0%
	4.7%	20.1%
	0.0%	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%
	1.2%	13.6%
	1.2%	13.6%
	0.8%	13.6%
	2.0%	13.2%
	11.7%	14.8%
	0.8%	13.6%
	27.0%	10.0%
	17.2%	4.7%
	29.3%	12.2%

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