The housing market in Petersburg, IN 47567 is quite strong. The median value of a house in this area is $138,100, compared to the US median of $338,100. This means that it is significantly more affordable than many other places in the country. In addition, the one-year appreciation rate for homes in this area is slightly higher than the national rate at 8.45%, which indicates that there is potential for continued growth over time. All in all, Petersburg appears to be a great place for home buyers who are looking for something affordable with potential to increase in value.
The median home cost in Petersburg (zip 47567) is $138,100. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Petersburg (zip 47567) is up 13.8%.
Average Age of Homes
- The median age of Petersburg (zip 47567) real estate is 44 years old
The Rental Market in Petersburg (zip 47567)
- Renters make up 18.2% of the Petersburg (zip 47567) population
- 0.8% of houses and apartments in Petersburg (zip 47567), 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.