Zip 47381 (Salamonia, IN) Housing

Salamonia, Indiana (47381) is a great place to buy a home. The median value of housing in the area is $99,000, which is significantly lower than the US median value of $338,100. This means that home buyers can get more house for their money while still investing in a property with good prospects for appreciation. In the past year alone, housing values in the 47381 zip code have appreciated 13.04%, higher than the national average of 8.27%. All this makes it a great place to invest in real estate and enjoy all that Salamonia has to offer.

The median home cost in Salamonia (zip 47381) is $99,000. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Salamonia (zip 47381) is up 15.1%.

Average Age of Homes

- The median age of Salamonia (zip 47381) real estate is 42 years old

The Rental Market in Salamonia (zip 47381)

- Renters make up 32.0% of the Salamonia (zip 47381) population
- 0.0% of houses and apartments in Salamonia (zip 47381), 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	Salamonia, Indiana	United States
	74.0	139,647,020.0
	49	42
	$99,000	$338,100
	15.1%	16.6%
	51.5%	57.0%
	73.6%	101.1%
	$6.20	$10.98
	$900	$2,690
	64.9%	57.4%
	4.1%	11.2%
	31.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	14.6%	2.6%
	2.1%	2.4%
	6.3%	2.8%
	20.8%	3.9%
	18.8%	4.5%
	16.7%	11.3%
	0.0%	13.0%
	8.3%	20.1%
	12.5%	13.6%
	0.0%	8.3%
	0.0%	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%
	13.5%	13.6%
	13.5%	13.6%
	0.0%	13.6%
	6.8%	13.2%
	35.1%	14.8%
	0.0%	13.6%
	2.7%	10.0%
	6.8%	4.7%
	13.5%	12.2%

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