Woodburn, IN is an attractive community for potential homebuyers due to its relatively low median housing value of $210,400 compared to the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate of 9.06% in Woodburn is higher than the US average of 8.27%, making it an ideal place to invest in real estate. With its affordability and high investment return potential, it is no wonder that Woodburn residents are satisfied with their local housing market.
The median home cost in Woodburn (zip 46797) is $210,400. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Woodburn (zip 46797) is up 15.6%.
Average Age of Homes
- The median age of Woodburn (zip 46797) real estate is 44 years old
The Rental Market in Woodburn (zip 46797)
- Renters make up 7.6% of the Woodburn (zip 46797) population
- 1.2% of houses and apartments in Woodburn (zip 46797), 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.