The housing market in 47840 Centerpoint, IN is performing better than the national average. The median value of homes in 47840 Centerpoint is $198,100, which is significantly lower than the US house median value of $338,100. Furthermore, the 1-year appreciation rate in 47840 Centerpoint is 14.15%, more than 6 percentage points higher than the US 1-year house appreciation rate of 8.27%. This indicates that the housing market in 47840 Centerpoint is experiencing a period of rapid growth and appreciation in home values.
The median home cost in Centerpoint (zip 47840) is $198,100. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Centerpoint (zip 47840) is up 15.4%.
Average Age of Homes
- The median age of Centerpoint (zip 47840) real estate is 42 years old
The Rental Market in Centerpoint (zip 47840)
- Renters make up 13.7% of the Centerpoint (zip 47840) population
- 0.0% of houses and apartments in Centerpoint (zip 47840), 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.