Zip 47038 (Patriot, IN) Housing

Housing in 47038 Patriot, IN is very affordable compared to the US median house value. The housing median value in Patriot is $173,700, while the US median house value is $338,100, giving homeowners a great opportunity to own a home at a lower cost. The 1-year appreciation rate for housing in Patriot is 8.27%, which is on par with the US rate of appreciation. This provide homeowners with a good option for investing in real estate and creating wealth over time.

The median home cost in Patriot (zip 47038) is $173,700. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Patriot (zip 47038) is up 14.6%.

Average Age of Homes

- The median age of Patriot (zip 47038) real estate is 27 years old

The Rental Market in Patriot (zip 47038)

- Renters make up 22.4% of the Patriot (zip 47038) population
- 0.0% of houses and apartments in Patriot (zip 47038), 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	Patriot, Indiana	United States
	555.0	139,647,020.0
	29	42
	$173,700	$338,100
	14.6%	16.6%
	48.5%	57.0%
	66.4%	101.1%
	$5.15	$10.98
	$541	$2,690
	52.6%	57.4%
	37.3%	11.2%
	10.1%	31.4%
Vacant Housing
	0.0%	1.9%
	3.6%	0.4%
	3.2%	0.7%
	0.0%	0.4%
	26.1%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	29.1%	2.6%
	4.8%	2.4%
	1.0%	2.8%
	6.5%	3.9%
	8.2%	4.5%
	11.3%	11.3%
	27.1%	13.0%
	10.6%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	1.4%	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%
	11.5%	13.6%
	11.5%	13.6%
	40.9%	13.6%
	8.8%	13.2%
	5.6%	14.8%
	40.9%	13.6%
	4.0%	10.0%
	0.7%	4.7%
	19.5%	12.2%

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