Zip 47161 (New Salisbury, IN) Housing

Housing in New Salisbury, IN zip code 47161 is a great investment. The median value of homes is $228,800, which is much lower than the US house median value of $338,100. In the past year, the house appreciation rate was 13.41%, higher than the national 1 year appreciation rate of 8.27%. This means that investing in housing in New Salisbury is sure to bring good returns over time. With such great values and high appreciation rates, New Salisbury can be an excellent option for anyone looking to invest in real estate.

The median home cost in New Salisbury (zip 47161) is $228,800. Home appreciation the last 10 years has been 81.4%. Home Appreciation in New Salisbury (zip 47161) is up 15.2%.

Average Age of Homes

- The median age of New Salisbury (zip 47161) real estate is 33 years old

The Rental Market in New Salisbury (zip 47161)

- Renters make up 10.2% of the New Salisbury (zip 47161) population
- 0.0% of houses and apartments in New Salisbury (zip 47161), 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 Salisbury, Indiana	United States
	1,437.0	139,647,020.0
	37	42
	$228,800	$338,100
	15.2%	16.6%
	55.7%	57.0%
	81.4%	101.1%
	$5.17	$10.98
	$884	$2,690
	63.6%	57.4%
	19.1%	11.2%
	17.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	4.7%	0.7%
	2.6%	0.4%
	0.0%	3.6%
	11.8%	4.1%
Value of Owner-Occupied Housing
	10.2%	2.6%
	6.6%	2.4%
	0.0%	2.8%
	2.8%	3.9%
	6.3%	4.5%
	16.0%	11.3%
	21.4%	13.0%
	29.0%	20.1%
	4.3%	13.6%
	0.0%	8.3%
	2.5%	9.7%
	0.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	20.9%	13.6%
	27.8%	13.2%
	18.2%	14.8%
	20.9%	13.6%
	3.4%	10.0%
	1.4%	4.7%
	8.5%	12.2%

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