Zip 47331 (Connersville, IN) Housing

The housing market in 47331 Connersville, IN is strong with a median value of $131,600. This is significantly lower than the US House median value of $338,100, however the house appreciation rate in Connersville is 13.04%, which is higher than the US 1 year House Appreciation rate of 8.27%. Clearly this area of Indiana offers an attractive option for potential homeowners looking for good value and a potentially strong return on their investment.

The median home cost in Connersville (zip 47331) is $131,600. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Connersville (zip 47331) is up 15.1%.

Average Age of Homes

- The median age of Connersville (zip 47331) real estate is 54 years old

The Rental Market in Connersville (zip 47331)

- Renters make up 26.4% of the Connersville (zip 47331) population
- 0.7% of houses and apartments in Connersville (zip 47331), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Connersville, Indiana	United States
	10,610.0	139,647,020.0
	58	42
	$131,600	$338,100
	15.1%	16.6%
	51.5%	57.0%
	73.6%	101.1%
	$8.15	$10.98
	$722	$2,690
	61.3%	57.4%
	10.5%	11.2%
	28.1%	31.4%
Vacant Housing
	0.7%	1.9%
	0.5%	0.4%
	0.8%	0.7%
	1.2%	0.4%
	0.0%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	6.2%	2.4%
	13.4%	2.8%
	17.8%	3.9%
	15.8%	4.5%
	21.9%	11.3%
	8.6%	13.0%
	8.5%	20.1%
	1.6%	13.6%
	0.8%	8.3%
	0.4%	9.7%
	0.2%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.6%	13.6%
	4.6%	13.6%
	10.1%	13.6%
	8.0%	13.2%
	17.8%	14.8%
	10.1%	13.6%
	13.2%	10.0%
	9.4%	4.7%
	24.5%	12.2%

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