Brownsburg, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Brownsburg Neighborhoods Since 2000




Brownsburg, 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

Brownsburg Housing Market Information

With a population of 24,996, 9,006 total housing units (homes and apartments), and a median house value of $178,328, Brownsburg real estate is some of the most expensive in Indiana, although Brownsburg home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Brownsburg, accounting for 78.99% of the town's housing units. Other types of housing that are prevalent in Brownsburg include large apartment complexes or high rise apartments ( 10.17%), row houses and other attached homes ( 5.51%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.27%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brownsburg. Owner-occupied housing accounts for 73.53% of Brownsburg's homes, and 70.38% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Brownsburg 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 Brownsburg built between 2000 and later ( 35.03%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.76%). There's also some housing in Brownsburg built before 1939 ( 1.96%).

Brownsburg Home Appreciation Rates

Appreciation rates for homes in Brownsburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.06%, which ranks in the top 50% nationwide. This equates to an annual average Brownsburg house appreciation rate of 0.30%.

Over the last year, Brownsburg appreciation rates have trailed the rest of the nation. In the last twelve months, Brownsburg's appreciation rate has been 1.47%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Brownsburg were at -0.60%, which equates to an annual appreciation rate of -2.40%.

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

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

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Brownsburg differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brownsburg - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Brownsburg real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$178,328

Brownsburg, IN HOME PRICES

Value Range
> $1,075,000 0.1
$807,001 - $1,075,000 0.1
$538,001 - $807,000 0.4
$430,001 - $538,000 2.2
$322,001 - $430,000 5.2
$215,001 - $322,000 17.1
$107,001 - $215,000 61.2
$54,001 - $107,000 10.9
$0 - $54,000 2.8

Very High for IN
High for Nation

Value Relative to Nation Value Relative to State
38.702683698582 12.6696832579186

Number Of Homes And Apartments:
9,006

Brownsburg 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
14.07% 0.77% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,115 / per month

Homeownership Rate

Homeownership
Owners 73.53
Renters 26.47
Vacant 3.87

Housing Market Details

 

Age of Homes

AGE OF Brownsburg HOMES
2000 or Newer 35.0
1970 - 1999 48.2
1940 - 1969 14.8
1939 or Older 2.0

Types of Homes

TYPE OF Brownsburg HOMES
Single-Family 79.0
Townhomes 5.5
Small Apt. Buildings 4.3
Apt. Complexes 10.2
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Brownsburg HOMES
No Bedroom 2.08
1 Bedroom 4.27
2 Bedrooms 20.40
3 Bedrooms 43.45
4 Bedrooms 26.93
5 or more bedrooms 2.87