Housing in 47451 Oolitic, IN is very affordable compared to the national median value. The median value of housing in this area is $145,100, which is nearly half of the US median value of $338,100. Furthermore, the one year house appreciation rate in Oolitic was 12.85%, which was significantly higher than the national appreciation rate of 8.27%. Therefore, it's a great time to invest in real estate in 47451 Oolitic, IN if you are looking for an affordable and appreciating market.
The median home cost in Oolitic (zip 47451) is $145,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Oolitic (zip 47451) is up 16.7%.
Average Age of Homes
- The median age of Oolitic (zip 47451) real estate is 49 years old
The Rental Market in Oolitic (zip 47451)
- Renters make up 20.7% of the Oolitic (zip 47451) population
- 5.0% of houses and apartments in Oolitic (zip 47451), 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.