Bunker Hill IN

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Bunker Hill, 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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Bunker Hill Housing Market Information

With a population of 855, 217 total housing units (homes and apartments), and a median house value of $138,700, house prices in Bunker Hill are solidly below the national average.

Single-family detached homes are the single most common housing type in Bunker Hill, accounting for 61.73% of the town's housing units. Other types of housing that are prevalent in Bunker Hill include mobile homes or trailers ( 19.13%), large apartment complexes or high rise apartments ( 11.55%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.78%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bunker Hill. Owner-occupied housing accounts for 71.43% of Bunker Hill's homes, and 59.21% have either three or four bedrooms, which is average sized relative to America.

The housing in Bunker Hill was primarily built before 1939 ( 39.71%), making the housing stock in Bunker Hill some of the oldest overall in America, although there is a range of ages of homes in Bunker Hill. The next most important housing age is between 1970-1999 ( 28.16%), followed by between 1940-1969 ( 27.08%). There's also some housing in Bunker Hill built between 2000 and later ( 5.05%).

Vacant housing appears to be an issue in Bunker Hill. Fully 21.66% of the housing stock is classified as vacant. Left unchecked, vacant Bunker Hill homes and apartments can be a drag on the real estate market, holding Bunker Hill real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Bunker Hill Home Appreciation Rates

Appreciation rates for homes in Bunker Hill have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 33.42%, which ranks in the top 50% nationwide. This equates to an annual average Bunker Hill house appreciation rate of 2.93%.

NeighborhoodScout's data show that during the latest twelve months, Bunker Hill's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, Bunker Hill's appreciation rate has been 0.42%, which annualizes to a rate of 1.71%.

Relative to Indiana, our data show that Bunker Hill's latest annual appreciation rate is higher than 50% of the other cities and towns in Indiana.

Average Home Values


Median Home Value:


Value Range
> $1,193,000 2.0
$895,001 - $1,193,000 0.0
$597,001 - $895,000 0.0
$477,001 - $597,000 0.6
$358,001 - $477,000 2.5
$239,001 - $358,000 10.9
$119,001 - $239,000 35.8
$60,001 - $119,000 30.8
$0 - $60,000 17.4

Average for IN
Low for Nation

Value Relative to Nation Value Relative to State
66.4467153284672 57.6923076923077

Number Of Homes And Apartments:

Bunker Hill Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
29.72% 1.28%
* 10 is highest

Rent & Ownership


Average Market Rent:
$890 / per month

Homeownership Rate

Owners 71.43
Renters 28.57
Vacant 21.66

Housing Market Details


Age of Homes

AGE OF Bunker Hill HOMES
2000 or Newer 5.1
1970 - 1999 28.2
1940 - 1969 27.1
1939 or Older 39.7

Types of Homes

Single-Family 61.7
Townhomes 1.8
Small Apt. Buildings 5.8
Apt. Complexes 11.6
Mobile Homes 19.1
Other 0.0

Home Size

No Bedroom 0.00
1 Bedroom 6.14
2 Bedrooms 33.94
3 Bedrooms 48.74
4 Bedrooms 10.47
5 or more bedrooms 0.72

Popular Neighborhoods in Bunker Hill

Zip Codes in Bunker Hill, IN