Granger appreciation rates and housing market information

Granger housing market information

With a population of 28,225, 9,427 total housing units (homes and apartments), and a median house value of $237,585, Granger real estate is some of the most expensive in Indiana, although Granger home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Granger, accounting for 99.45% of the town's housing units. Other types of housing that are prevalent in Granger include .

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Granger. Owner-occupied housing accounts for 95.08% of Granger's homes, and 85.66% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Granger built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Granger built from 1995 and later (15.32%). A lesser amount of the housing stock also hails from 1940-1969 (14.53%), and some were built from 1939 and earlier (14.53%).

Granger home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Granger, where house values have increased just 34.63%, which is an average annual increase of 3.46%. NeighborhoodScout's data show that in the latest quarter, Granger house values appreciated 0.72%, which is an annualized rate of 2.88%. This rate is lower than the appreciation rate found in 40% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Granger home appreciation rates, at -0.14%, have been at or slightly above the national average. In the latest quarter, Granger's appreciation rate has been 0.72%, which annualizes to a rate of 2.88%.

Relative to Indiana, our data show that Granger's latest annual appreciation rate is higher than 10% of the other cities and towns in Indiana.