Zip 47634 (Richland, IN) Housing

The housing market in 47634 Richland, IN is quite strong. The median value of houses in the area is $147,100, which is significantly lower than the US median house value of $338,100. In addition, the year-over-year appreciation rate for houses in this region is 16.17%, more than double the national average of 8.27%. This suggests that not only are houses in this area more affordable than the US average, but they can also be expected to appreciate more quickly. Thus, investing in housing in 47634 Richland could be a wise decision.

The median home cost in Richland (zip 47634) is $147,100. Home appreciation the last 10 years has been 71.9%. Home Appreciation in Richland (zip 47634) is up 16.1%.

Average Age of Homes

- The median age of Richland (zip 47634) real estate is 48 years old

The Rental Market in Richland (zip 47634)

- Renters make up 9.0% of the Richland (zip 47634) population
- 0.0% of houses and apartments in Richland (zip 47634), 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	Richland, Indiana	United States
	993.0	139,647,020.0
	49	42
	$147,100	$338,100
	16.1%	16.6%
	53.4%	57.0%
	71.9%	101.1%
	$8.20	$10.98
	$893	$2,690
	83.7%	57.4%
	10.3%	11.2%
	6.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.5%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	9.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	5.5%	2.4%
	4.2%	2.8%
	11.3%	3.9%
	22.7%	4.5%
	26.6%	11.3%
	13.4%	13.0%
	11.0%	20.1%
	4.7%	13.6%
	0.0%	8.3%
	0.6%	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%
	10.6%	13.6%
	10.6%	13.6%
	6.4%	13.6%
	9.0%	13.2%
	21.1%	14.8%
	6.4%	13.6%
	16.8%	10.0%
	4.4%	4.7%
	16.0%	12.2%

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