Home prices
The median home cost in Shipshewana is $172,500. Compared to the surrounding areas it is roughly $67,760 (64%) higher.In comparison to the rest of the country it is about $45,000 (20%) lower, and compared to the city of Fort Wayne is about $57,400 (49%) higher.
Rents
In Shipshewana the median monthly rent is $627. It is approximately $107 (14%) lower in comparison to its surrounding areas.It is about $435 (40%) lower in comparison to the entire nation, and in comparison to the city of Fort Wayne it is approximately $137 (17%) lower.
Nearby places
Middlebury
Middlebury is approximately 5 miles west from Shipshewana. The real estate prices there are pretty similar. The cost of the median home in Middlebury is $170,400, which comes out to $2,100 (1%) lower than Shipshewana. Rents there are a lot more expensive. Middlebury's median rent is $932 a month, which works out to $305 (32%) higher than Shipshewana.
Lagrange
Lagrange is roughly 7 miles east from Shipshewana. Its housing prices are a lot less expensive. The median home cost in Lagrange is $84,700, which works out to $87,800 (103%) lower than Shipshewana. Rents there are fairly similar. In Lagrange the median rent is $605 per month, which is $22 (3%) lower than Shipshewana.
White Pigeon
White Pigeon is approximately 8 miles north from Shipshewana. The real estate prices there are a lot less expensive. The cost of the median home in White Pigeon is $83,900, which comes out to $88,600 (105%) lower than Shipshewana. The rent there is somewhat more expensive. The median rent in White Pigeon is $709 a month, which is $82 (11%) higher than Shipshewana.
Topeka
Topeka is about 9 miles south of Shipshewana. Real estate prices there are substantially less expensive. The median home cost in Topeka is $99,800, which is $72,700 (72%) lower than Shipshewana. Rents there are a bit more expensive. The median rent in Topeka is $699 per month, which is $72 (10%) higher than Shipshewana.
Sturgis
Sturgis is roughly 10 miles northeast of Shipshewana. The real estate prices there are a lot less expensive. The price of the median home in Sturgis is $84,900, which comes out to $87,600 (103%) lower than Shipshewana. Rent there is a little more expensive. The median monthly rent in Sturgis is $726, which comes out to $99 (13%) higher than Shipshewana.
