The housing in 47380 Ridgeville, IN is quite affordable compared to the US median house value of $338,100. The median house value in 47380 Ridgeville is $120,700, which is significantly lower than the national average. Furthermore, the appreciation rate for houses in this area is 13.04%, which is higher than the national appreciation rate of 8.27%. This shows that investing in a home in 47380 Ridgeville can be an attractive option for those looking to build equity over time.
The median home cost in Ridgeville (zip 47380) is $120,700. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Ridgeville (zip 47380) is up 15.1%.
Average Age of Homes
- The median age of Ridgeville (zip 47380) real estate is 72 years old
The Rental Market in Ridgeville (zip 47380)
- Renters make up 21.3% of the Ridgeville (zip 47380) population
- 0.8% of houses and apartments in Ridgeville (zip 47380), 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.