The housing in 47630 Newburgh, IN is quite valuable compared to the national median value. According to the data given, the median value in 47630 Newburgh, IN is $269,200 while the US House Median Value is $338,100. Furthermore, US 1 year House Appreciation is 8.27%, and the House 1 year appreciation rate in Newburgh is 16.17%. This means that housing in this area has seen a considerable amount of growth over the past year, making it an attractive investment for those looking to buy a home.
The median home cost in Newburgh (zip 47630) is $269,200. Home appreciation the last 10 years has been 71.9%. Home Appreciation in Newburgh (zip 47630) is up 16.1%.
Average Age of Homes
- The median age of Newburgh (zip 47630) real estate is 30 years old
The Rental Market in Newburgh (zip 47630)
- Renters make up 16.7% of the Newburgh (zip 47630) population
- 1.2% of houses and apartments in Newburgh (zip 47630), 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.