The housing market in 47282 Vernon, IN is thriving, with a median value of $127,500. This is much lower than the US median value of $338,100, but the one-year house appreciation rate is 8.69%, which is higher than the US appreciation rate of 8.27%. This shows that even though the median value may be lower than the average across the US, Vernon's housing market is still appreciating in value at a higher rate than the national average.
The median home cost in Vernon (zip 47282) is $127,500. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Vernon (zip 47282) is up 15.8%.
Average Age of Homes
- The median age of Vernon (zip 47282) real estate is 78 years old
The Rental Market in Vernon (zip 47282)
- Renters make up 13.2% of the Vernon (zip 47282) population
- 0.0% of houses and apartments in Vernon (zip 47282), 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.