Zip 46553 (New Paris, IN) Housing

The housing market in 46553 New Paris, IN is very promising. The median value of housing in this area is $258,900, which is significantly lower than the national median value of $338,100. Despite this discrepancy in cost, the appreciation rate of 13.05% over a one year period is actually higher than that of the nation's 8.27%. This indicates that 46553 New Paris, IN is a great place to invest in real estate due to its high potential for growth and return on investment for buyers.

The median home cost in New Paris (zip 46553) is $258,900. Home appreciation the last 10 years has been 87.0%. Home Appreciation in New Paris (zip 46553) is up 16.4%.

Average Age of Homes

- The median age of New Paris (zip 46553) real estate is 36 years old

The Rental Market in New Paris (zip 46553)

- Renters make up 14.4% of the New Paris (zip 46553) population
- 0.0% of houses and apartments in New Paris (zip 46553), 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 Paris, Indiana	United States
	1,141.0	139,647,020.0
	48	42
	$258,900	$338,100
	16.4%	16.6%
	58.3%	57.0%
	87.0%	101.1%
	$7.32	$10.98
	$1,617	$2,690
	88.5%	57.4%
	1.9%	11.2%
	9.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.8%	2.4%
	0.2%	2.8%
	2.1%	3.9%
	8.8%	4.5%
	12.3%	11.3%
	14.9%	13.0%
	43.0%	20.1%
	5.5%	13.6%
	7.2%	8.3%
	1.3%	9.7%
	1.7%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	1.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.2%	13.6%
	13.2%	13.6%
	18.3%	13.6%
	6.4%	13.2%
	3.9%	14.8%
	18.3%	13.6%
	12.2%	10.0%
	4.6%	4.7%
	21.5%	12.2%

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