Zip 47449 (Newberry, IN) Housing

The housing market in 47449 Newberry, IN is relatively strong compared to the national median value. The median house value in Newberry is $139,800, while the US median house value is $338,100. Furthermore, the appreciation rate of Newberry's housing has been higher than the US average, with a 1 year appreciation rate of 12.85%, compared to 8.27% nationwide. This indicates that Newberry's housing market may have better stability and growth potential than other areas nationally.

The median home cost in Newberry (zip 47449) is $139,800. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Newberry (zip 47449) is up 16.7%.

Average Age of Homes

- The median age of Newberry (zip 47449) real estate is 64 years old

The Rental Market in Newberry (zip 47449)

- Renters make up 25.1% of the Newberry (zip 47449) population
- 1.5% of houses and apartments in Newberry (zip 47449), 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	Newberry, Indiana	United States
	262.0	139,647,020.0
	58	42
	$139,800	$338,100
	16.7%	16.6%
	58.6%	57.0%
	87.2%	101.1%
	$7.70	$10.98
	$474	$2,690
	52.7%	57.4%
	42.7%	11.2%
	4.6%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.8%	3.6%
	37.4%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	5.8%	2.4%
	6.5%	2.8%
	31.2%	3.9%
	27.5%	4.5%
	6.5%	11.3%
	8.0%	13.0%
	10.9%	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%
	8.4%	13.6%
	8.4%	13.6%
	0.0%	13.6%
	9.2%	13.2%
	18.7%	14.8%
	0.0%	13.6%
	17.6%	10.0%
	5.7%	4.7%
	19.5%	12.2%

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