The housing market in 47388 Sulphur Springs, IN is very healthy. The median value of homes in the area is $141,600, which is far below the national median value of $338,100. In the last year, US home values have appreciated by 8.27%, but homes in 47388 Sulphur Springs have appreciated at a much faster rate of 13.04%. This indicates that this area has a strong and growing local economy as well as good prospects for future growth. With its lower than average home prices and strong appreciation rates, it's a great place to consider buying a home.
The median home cost in Sulphur Springs (zip 47388) is $141,600. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Sulphur Springs (zip 47388) is up 15.1%.
Average Age of Homes
- The median age of Sulphur Springs (zip 47388) real estate is 65 years old
The Rental Market in Sulphur Springs (zip 47388)
- Renters make up 16.6% of the Sulphur Springs (zip 47388) population
- 0.0% of houses and apartments in Sulphur Springs (zip 47388), 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.