The housing market in Orestes, IN (zip code 46063) provides a great opportunity for prospective homeowners. The median value of housing in this area is $104,400 - significantly lower than the national median of $338,100. Furthermore, the one-year house appreciation rate here is 13.98%, exceeding the US average of 8.27%. This suggests significant potential for growth and investment opportunities in this area. With its competitive pricing and strong appreciation rates, Orestes provides an attractive housing option for those looking to purchase a home.
The median home cost in Orestes (zip 46063) is $104,400. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Orestes (zip 46063) is up 18.4%.
Average Age of Homes
- The median age of Orestes (zip 46063) real estate is 63 years old
The Rental Market in Orestes (zip 46063)
- Renters make up 19.0% of the Orestes (zip 46063) population
- 3.0% of houses and apartments in Orestes (zip 46063), 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.