The housing market in Schnellville, IN (zip code 47580) is relatively healthy. According to data, the median value of housing in this area is $234,800, significantly lower than the US average of $338,100. Additionally, over the past year there has been an 8.45% appreciation in house values here compared to 8.27% nationally. This indicates that this area is a good place to invest in property as it has seen consistent growth over a short amount of time. Overall, Schnellville remains an attractive option for potential buyers and investors looking for a great place to purchase or rent property.
The median home cost in Schnellville (zip 47580) is $234,800. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Schnellville (zip 47580) is up 13.8%.
Average Age of Homes
- The median age of Schnellville (zip 47580) real estate is 24 years old
The Rental Market in Schnellville (zip 47580)
- Renters make up 3.5% of the Schnellville (zip 47580) population
- 0.0% of houses and apartments in Schnellville (zip 47580), 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.