Housing in 47385 Spiceland, IN is very attractive when compared to the national average. The median value of a house in this area is $153,000, which is significantly lower than the US median value of $338,100. Furthermore, the 1 year house appreciation in this area is 13.04%, which is higher than the US average of 8.27%. This indicates that housing values are increasing fast and potential buyers can expect to get a good return on their investment. Overall, buying a home or investing in real estate in 47385 Spiceland, IN can be a great long-term decision.
The median home cost in Spiceland (zip 47385) is $153,000. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Spiceland (zip 47385) is up 15.1%.
Average Age of Homes
- The median age of Spiceland (zip 47385) real estate is 76 years old
The Rental Market in Spiceland (zip 47385)
- Renters make up 16.1% of the Spiceland (zip 47385) population
- 0.0% of houses and apartments in Spiceland (zip 47385), 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.