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 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Bunker Hill Housing Market Information

With 860 people, 219 houses or apartments, and a median cost of homes of $120,367, 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 64.46% of the town's housing units. Other types of housing that are prevalent in Bunker Hill include mobile homes or trailers ( 18.12%), large apartment complexes or high rise apartments ( 10.45%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.88%).

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 69.86% of Bunker Hill's homes, and 62.72% have either three or four bedrooms, which is average sized relative to America.

The housing in Bunker Hill was primarily built before 1939 ( 42.16%), 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 ( 30.31%), followed by between 1940-1969 ( 26.13%). There's also some housing in Bunker Hill built between 2000 and later ( 1.39%).

Vacant housing appears to be an issue in Bunker Hill. Fully 23.69% 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 16.36%, which ranks in the top 50% nationwide. This equates to an annual average Bunker Hill house appreciation rate of 1.53%.

NeighborhoodScout's data show that during the latest twelve months, Bunker Hill's appreciation rate, at 4.25%, has been at or slightly above the national average. In the latest quarter, Bunker Hill's appreciation rate has been 1.36%, which annualizes to a rate of 5.55%.

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
> $1,164,000 0.0
$873,001 - $1,164,000 0.0
$582,001 - $873,000 0.0
$466,001 - $582,000 0.7
$349,001 - $466,000 1.2
$233,001 - $349,000 11.5
$116,001 - $233,000 33.2
$58,001 - $116,000 36.2
$0 - $58,000 17.3

Low for IN
Low for Nation

Value Relative to Nation Value Relative to State
71.9299270072993 67.6470588235294

Number Of Homes And Apartments:

Bunker Hill Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
20.57% 0.96%
* 10 is highest

Rent & Ownership


Average Market Rent:
$861 / per month

Homeownership Rate

Owners 69.86
Renters 30.14
Vacant 23.69

Housing Market Details


Age of Homes

AGE OF Bunker Hill HOMES
2000 or Newer 1.4
1970 - 1999 30.3
1940 - 1969 26.1
1939 or Older 42.2

Types of Homes

Single-Family 64.5
Townhomes 2.1
Small Apt. Buildings 4.9
Apt. Complexes 10.5
Mobile Homes 18.1
Other 0.0

Home Size

No Bedroom 0.00
1 Bedroom 6.27
2 Bedrooms 31.01
3 Bedrooms 50.52
4 Bedrooms 12.20
5 or more bedrooms 0.00

Popular Neighborhoods in Bunker Hill

Zip Codes in Bunker Hill, IN