Mentone, IN (46539) is a great place to invest in the housing market. The median house value in Mentone is $177,100, which is significantly lower than the US median value of $338,100. In the past year, the appreciation rate of housing values in Mentone was 13.05%, compared to 8.27% for the US as a whole. This suggests that now is a great time to invest in real estate in Mentone as its housing values are appreciating at a higher rate than the national average.
The median home cost in Mentone (zip 46539) is $177,100. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Mentone (zip 46539) is up 16.4%.
Average Age of Homes
- The median age of Mentone (zip 46539) real estate is 55 years old
The Rental Market in Mentone (zip 46539)
- Renters make up 15.2% of the Mentone (zip 46539) population
- 0.7% of houses and apartments in Mentone (zip 46539), 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.