If you are thinking about buying a home in Indiana soon, you are making a great decision. Not only is IN a beautiful state with great weather and close proximity to multiple major metropolitan areas, but there are advantages to the housing market here. Let’s go over a few of the benefits of buying a home in Indiana.

1. Affordability. One reason to buy a home in Indiana is because home prices in our state are more affordable than they are in many other housing markets across the country. At the time of this writing, Zillow reports that the average home value in Indiana is $231,533. Even with higher interest rates, that is affordable for many homebuyers who might struggle to buy a home elsewhere.
2. Diverse home styles. Indiana’s neighborhoods feature a diverse range of architectural styles, such as Craftsman, Colonial Revival, Tudor Revival, Bungalow, Prairie, International Style, and more. Whatever you are into, you should be able to find a beautiful property that will suit your personality and aesthetics.
3. There are opportunities to rent out space. Are you thinking about buying a home as a rental property? Indiana is a great location for that type of investment, as there is a growing population of renters in this state. You could either rent out your entire property, living elsewhere as your primary residence, or you could live in the home and rent out a room or a section.

Buy a Home in Indianapolis or Beyond

If you are excited to take advantage of the benefits of Indiana’s housing market, please give us a call at (317) 255-0062. We can connect you with a competitive home loan that will suit your needs and help you to achieve your goals as a future homeowner.