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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 13,724 people, 5,578 houses or apartments, and a median cost of homes of $245,290, 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 66.71% of the city's housing units. Other types of housing that are prevalent in Auburn include mobile homes or trailers ( 13.39%), large apartment complexes or high rise apartments ( 11.43%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.52%).
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 71.81% of Auburn's homes, and 62.52% 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 between 1940-1969 ( 24.54%). A lesser amount of the housing stock also hails from before 1939 ( 16.25%). There's also some housing in Auburn built between 2000 and later ( 15.07%).
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 82.22%, which ranks in the top 50% nationwide. This equates to an annual average Auburn house appreciation rate of 6.18%.
NeighborhoodScout's data show that during the latest twelve months, Auburn's appreciation rate, at 5.00%, has been at or slightly above the national average. In the latest quarter, Auburn's appreciation rate has been -1.49%, which annualizes to a rate of -5.81%.
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 60% of the other cities and towns in Indiana.
$245,290
for Indiana
for nation
5,578
$1,158 / per month