Housing in 47224 Canaan, IN is quite affordable, with the median value coming in at $222,100. This is far lower than the US median of $338,100 and has seen an appreciation rate of 8.69% over the past year; slightly higher than the US average of 8.27%. While there may be some variation depending on the type and location of housing in this area, it provides a great opportunity for those looking for affordable housing options.
The median home cost in Canaan (zip 47224) is $222,100. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Canaan (zip 47224) is up 15.8%.
Average Age of Homes
- The median age of Canaan (zip 47224) real estate is 78 years old
The Rental Market in Canaan (zip 47224)
- Renters make up 19.4% of the Canaan (zip 47224) population
- 0.0% of houses and apartments in Canaan (zip 47224), 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.