Chandler, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Chandler, IN Real Estate Data


Chandler Housing Market Information

With 3,385 people, 1,161 houses or apartments, and a median cost of homes of $119,739, house prices in Chandler are solidly below the national average.

Single-family detached homes are the single most common housing type in Chandler, accounting for 77.99% of the town's housing units. Other types of housing that are prevalent in Chandler include mobile homes or trailers ( 17.19%), large apartment complexes or high rise apartments ( 2.95%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.87%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chandler. Owner-occupied housing accounts for 70.26% of Chandler's homes, and 54.74% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Chandler 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 Chandler built between 1940-1969 ( 35.93%). A lesser amount of the housing stock also hails from before 1939 ( 5.60%). There's also some housing in Chandler built between 2000 and later ( 4.67%).

Chandler Home Appreciation Rates

Appreciation rates for homes in Chandler have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.52%, which ranks in the top 40% nationwide. This equates to an annual average Chandler house appreciation rate of 1.10%.

NeighborhoodScout's data show that during the latest twelve months, Chandler's appreciation rate, at 4.50%, has been at or slightly above the national average. In the latest quarter, Chandler's appreciation rate has been 0.95%, which annualizes to a rate of 3.87%.

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

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

Average Home Values

 

Median Home Value:
$119,739

Chandler, IN HOME PRICES

Value Range
> $1,158,000 0.0
$868,001 - $1,158,000 0.6
$579,001 - $868,000 0.5
$463,001 - $579,000 2.2
$347,001 - $463,000 2.9
$231,001 - $347,000 8.9
$116,001 - $231,000 32.1
$58,001 - $116,000 35.9
$0 - $58,000 16.9

Average for IN
Low for Nation

Value Relative to Nation Value Relative to State
66.5163670433917 58.1447963800905

Number Of Homes And Apartments:
1,161

Rent & Ownership

 

Average Market Rent:
$701 / per month

Homeownership Rate

Homeownership
Owners 70.26
Renters 29.74
Vacant 9.72

Housing Market Details

 

Age of Homes

AGE OF Chandler HOMES
2000 or Newer 4.7
1970 - 1999 53.8
1940 - 1969 35.9
1939 or Older 5.6

Types of Homes

TYPE OF Chandler HOMES
Single-Family 78.0
Townhomes 0.0
Small Apt. Buildings 1.9
Apt. Complexes 3.0
Mobile Homes 17.2
Other 0.0

Home Size

SIZE OF Chandler HOMES
No Bedroom 0.00
1 Bedroom 3.42
2 Bedrooms 41.60
3 Bedrooms 47.20
4 Bedrooms 7.54
5 or more bedrooms 0.23

Chandler Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
37.21% 1.88% 9 4
* 10 is highest