The housing market in 47455 Patricksburg, IN is significantly more affordable than the US median value. The median value of homes in Patricksburg stands at $215,800, compared to the US median value of $338,100. Additionally, the house appreciation rate in Patricksburg has been higher than the US average over the past year. Specifically, Patricksburg has seen a 12.85% increase in home values while the US average sits at 8.27%. With such a drastic difference between the two locations, it is clear that Patricksburg offers an affordable and appreciating housing economy that many potential buyers consider when looking for their next home.
The median home cost in Patricksburg (zip 47455) is $215,800. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Patricksburg (zip 47455) is up 16.7%.
Average Age of Homes
- The median age of Patricksburg (zip 47455) real estate is 78 years old
The Rental Market in Patricksburg (zip 47455)
- Renters make up 0.0% of the Patricksburg (zip 47455) population
- 0.0% of houses and apartments in Patricksburg (zip 47455), 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.