Crawfordsville, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Crawfordsville Neighborhoods Since 2000




Crawfordsville, 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

Crawfordsville Housing Market Information

With a population of 16,024, 6,095 total housing units (homes and apartments), and a median house value of $100,707, house prices in Crawfordsville are solidly below the national average.

Single-family detached homes are the single most common housing type in Crawfordsville, accounting for 61.89% of the city's housing units. Other types of housing that are prevalent in Crawfordsville include large apartment complexes or high rise apartments ( 14.95%), duplexes, homes converted to apartments or other small apartment buildings ( 12.70%), and a few row houses and other attached homes ( 6.46%).

People in Crawfordsville primarily live in small (one, two or no bedroom) single-family detached homes. Crawfordsville has a mixture of owner-occupied and renter-occupied housing.

The housing in Crawfordsville was primarily built before 1939 ( 32.93%), making the housing stock in Crawfordsville some of the oldest overall in America, although there is a range of ages of homes in Crawfordsville. The next most important housing age is between 1940-1969 ( 31.81%), followed by between 1970-1999 ( 26.89%). There's also some housing in Crawfordsville built between 2000 and later ( 8.37%).

Vacant housing appears to be an issue in Crawfordsville. Fully 13.23% of the housing stock is classified as vacant. Left unchecked, vacant Crawfordsville homes and apartments can be a drag on the real estate market, holding Crawfordsville 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.

Crawfordsville Home Appreciation Rates

Real estate appreciation rates in Crawfordsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.15% during the period.

NeighborhoodScout's data show that during the latest twelve months, Crawfordsville's appreciation rate, at 4.92%, has been at or slightly above the national average. In the latest quarter, Crawfordsville's appreciation rate has been -1.14%, which annualizes to a rate of -4.49%.

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

Relative to Indiana, our data show that Crawfordsville's latest annual appreciation rate is higher 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 city. Individual neighborhoods within Crawfordsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Crawfordsville - 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 Crawfordsville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$100,707

Crawfordsville, IN HOME PRICES

Value Range
> $1,090,000 0.0
$817,001 - $1,090,000 0.0
$545,001 - $817,000 0.0
$436,001 - $545,000 0.3
$327,001 - $436,000 0.8
$218,001 - $327,000 4.9
$109,001 - $218,000 37.5
$55,001 - $109,000 44.6
$0 - $55,000 12.0

Low for IN
Low for Nation

Value Relative to Nation Value Relative to State
77.141685222079 75.5656108597285

Number Of Homes And Apartments:
6,095

Crawfordsville 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
7.33% 0.41% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$761 / per month

Homeownership Rate

Homeownership
Owners 52.12
Renters 47.88
Vacant 13.23

Housing Market Details

 

Age of Homes

AGE OF Crawfordsville HOMES
2000 or Newer 8.4
1970 - 1999 26.9
1940 - 1969 31.8
1939 or Older 32.9

Types of Homes

TYPE OF Crawfordsville HOMES
Single-Family 61.9
Townhomes 6.5
Small Apt. Buildings 12.7
Apt. Complexes 14.9
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Crawfordsville HOMES
No Bedroom 1.42
1 Bedroom 17.08
2 Bedrooms 32.66
3 Bedrooms 37.04
4 Bedrooms 10.39
5 or more bedrooms 1.40