Zip 47564 (Otwell, IN) Housing

Housing in 47564 Otwell, IN is very attractive. The median housing value is $176,700 which is substantially lower than the national median of $338,100. Additionally, the one year appreciation rate of 8.45% in Otwell is also slightly higher than the national figure of 8.27%. This makes it an ideal location for those looking to invest in property or simply buy a place to call home that will appreciate in value over the long term.

The median home cost in Otwell (zip 47564) is $176,700. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Otwell (zip 47564) is up 13.8%.

Average Age of Homes

- The median age of Otwell (zip 47564) real estate is 38 years old

The Rental Market in Otwell (zip 47564)

- Renters make up 17.0% of the Otwell (zip 47564) population
- 0.0% of houses and apartments in Otwell (zip 47564), 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	Otwell, Indiana	United States
	616.0	139,647,020.0
	45	42
	$176,700	$338,100
	13.8%	16.6%
	45.2%	57.0%
	63.6%	101.1%
	$7.28	$10.98
	$964	$2,690
	86.0%	57.4%
	7.0%	11.2%
	7.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	7.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	13.6%	2.4%
	14.0%	2.8%
	3.6%	3.9%
	0.0%	4.5%
	29.2%	11.3%
	13.6%	13.0%
	10.8%	20.1%
	13.8%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	1.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.9%	13.6%
	8.9%	13.6%
	21.6%	13.6%
	11.5%	13.2%
	15.1%	14.8%
	21.6%	13.6%
	6.5%	10.0%
	3.1%	4.7%
	8.8%	12.2%

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