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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
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.
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.
|$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|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Crawfordsville HOMES|
|2000 or Newer||8.4|
|1970 - 1999||26.9|
|1940 - 1969||31.8|
|1939 or Older||32.9|
|TYPE OF Crawfordsville HOMES|
|Small Apt. Buildings||12.7|
|SIZE OF Crawfordsville HOMES|
|5 or more bedrooms||1.40|