Auburn, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Auburn Neighborhoods Since 2000




Auburn, IN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Auburn Housing Market Information

With a population of 12,979, 5,490 total housing units (homes and apartments), and a median house value of $158,376, Auburn real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Auburn, accounting for 67.08% of the city's housing units. Other types of housing that are prevalent in Auburn include large apartment complexes or high rise apartments ( 12.22%), duplexes, homes converted to apartments or other small apartment buildings ( 12.05%), and a few mobile homes or trailers ( 7.68%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Auburn. Owner-occupied housing accounts for 69.81% of Auburn's homes, and 61.43% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Auburn built from 1970 to 1999 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 Auburn built before 1939 ( 24.64%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.66%). There's also some housing in Auburn built between 2000 and later ( 14.42%).

Auburn Home Appreciation Rates

Appreciation rates for homes in Auburn have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.13%, which ranks in the top 40% nationwide. This equates to an annual average Auburn house appreciation rate of 0.50%.

NeighborhoodScout's data show that during the latest twelve months, Auburn's appreciation rate, at 5.28%, has been at or slightly above the national average. In the latest quarter, Auburn's appreciation rate has been -1.14%, which annualizes to a rate of -4.49%.

Notably, Auburn's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Indiana, our data show that Auburn's latest annual appreciation rate is higher than 70% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$158,376

Auburn, IN HOME PRICES

Value Range
> $1,119,000 0.0
$839,001 - $1,119,000 0.0
$560,001 - $839,000 0.5
$448,001 - $560,000 0.0
$336,001 - $448,000 2.3
$223,001 - $336,000 8.7
$112,001 - $223,000 42.3
$56,001 - $112,000 30.6
$0 - $56,000 15.6

High for IN
Average for Nation

Value Relative to Nation Value Relative to State
46.3963436071722 22.6244343891403

Number Of Homes And Apartments:
5,490

Auburn Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
11.58% 0.64% 3 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$708 / per month

Homeownership Rate

Homeownership
Owners 69.81
Renters 30.19
Vacant 7.73

Housing Market Details

 

Age of Homes

AGE OF Auburn HOMES
2000 or Newer 14.4
1970 - 1999 44.3
1940 - 1969 16.7
1939 or Older 24.6

Types of Homes

TYPE OF Auburn HOMES
Single-Family 67.1
Townhomes 1.0
Small Apt. Buildings 12.1
Apt. Complexes 12.2
Mobile Homes 7.7
Other 0.0

Home Size

SIZE OF Auburn HOMES
No Bedroom 1.60
1 Bedroom 10.64
2 Bedrooms 23.58
3 Bedrooms 49.39
4 Bedrooms 12.03
5 or more bedrooms 2.76