Housing in 46975 Rochester, IN is quite a bit lower than the US median home value at $161,000 compared to $338,100. Despite this discrepancy, homes in the area have seen an impressive 9.99% appreciation over the last year compared to the national rate of 8.27%. This makes 46975 Rochester, IN a great place to purchase or invest in a home and reflects healthy market conditions for housing in the area.
The median home cost in Rochester (zip 46975) is $161,000. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Rochester (zip 46975) is up 10.5%.
Average Age of Homes
- The median age of Rochester (zip 46975) real estate is 49 years old
The Rental Market in Rochester (zip 46975)
- Renters make up 22.0% of the Rochester (zip 46975) population
- 0.5% of houses and apartments in Rochester (zip 46975), 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.