The housing market in 46072 Tipton, IN is looking strong. The median value of a home in this area is $193,800, which is significantly lower than the US median of $338,100. However, while the US house appreciation rate for the past year has been 8.27%, Tipton has seen an even higher rate at 13.98%. This high rate indicates that people are investing in homes here and that the value of properties may be increasing quickly. It could be a great time to invest or purchase in this area.
The median home cost in Tipton (zip 46072) is $193,800. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Tipton (zip 46072) is up 18.4%.
Average Age of Homes
- The median age of Tipton (zip 46072) real estate is 56 years old
The Rental Market in Tipton (zip 46072)
- Renters make up 23.2% of the Tipton (zip 46072) population
- 3.5% of houses and apartments in Tipton (zip 46072), 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.