The housing market in 47558 Montgomery, IN is steadily increasing with the median value currently at $297,600. This number is slightly less than the US House Median Value which stands at $338,100. The US House Appreciation rate for the last year has been 8.27%, while the house appreciation rate in 47558 Montgomery, IN has been 8.45% over the same period of time. This is a sign that the housing market in this area is growing and that real estate investments are likely to pay off in the long run.
The median home cost in Montgomery (zip 47558) is $297,600. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Montgomery (zip 47558) is up 13.8%.
Average Age of Homes
- The median age of Montgomery (zip 47558) real estate is 26 years old
The Rental Market in Montgomery (zip 47558)
- Renters make up 12.3% of the Montgomery (zip 47558) population
- 0.5% of houses and apartments in Montgomery (zip 47558), 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.