Edinburgh, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Edinburgh Neighborhoods Since 2000




Edinburgh, 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

Edinburgh Housing Market Information

With a population of 4,546, 1,742 total housing units (homes and apartments), and a median house value of $84,990, house prices in Edinburgh are some of the most affordable in Indiana as well as the nation.

Single-family detached homes are the single most common housing type in Edinburgh, accounting for 66.54% of the town's housing units. Other types of housing that are prevalent in Edinburgh include duplexes, homes converted to apartments or other small apartment buildings ( 11.69%), large apartment complexes or high rise apartments ( 10.83%), and a few mobile homes or trailers ( 9.91%).

The most prevalent building size and type in Edinburgh are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 52.81% owning and 47.19% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Edinburgh's housing was primarily built during this period, from the '40s through the '60s. A full 37.34% of the town's housing hails from this era. Other housing ages represented in Edinburgh include homes built between 1970-1999 ( 30.01%) and housing constructed before 1939 ( 26.83%). There's also some housing in Edinburgh built between 2000 and later ( 5.82%).

Edinburgh Home Appreciation Rates

Real estate appreciation rates in Edinburgh's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.00% during the period.

NeighborhoodScout's data show that during the latest twelve months, Edinburgh's appreciation rate, at 4.03%, has been at or slightly above the national average. In the latest quarter, Edinburgh's appreciation rate has been -0.67%, which annualizes to a rate of -2.66%.

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

Relative to Indiana, our data show that Edinburgh's latest annual appreciation rate is higher than 60% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$84,990

Edinburgh, IN HOME PRICES

Value Range
> $1,100,000 0.1
$825,001 - $1,100,000 0.0
$550,001 - $825,000 0.1
$440,001 - $550,000 0.1
$330,001 - $440,000 0.3
$220,001 - $330,000 1.4
$110,001 - $220,000 24.0
$55,001 - $110,000 55.4
$0 - $55,000 18.7

Very Low for IN
Very Low for Nation

Value Relative to Nation Value Relative to State
87.3901324270479 88.4615384615385

Number Of Homes And Apartments:
1,742

Edinburgh 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
6.24% 0.35% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$838 / per month

Homeownership Rate

Homeownership
Owners 52.81
Renters 47.19
Vacant 6.14

Housing Market Details

 

Age of Homes

AGE OF Edinburgh HOMES
2000 or Newer 5.8
1970 - 1999 30.0
1940 - 1969 37.3
1939 or Older 26.8

Types of Homes

TYPE OF Edinburgh HOMES
Single-Family 66.5
Townhomes 1.0
Small Apt. Buildings 11.7
Apt. Complexes 10.8
Mobile Homes 9.9
Other 0.0

Home Size

SIZE OF Edinburgh HOMES
No Bedroom 5.01
1 Bedroom 10.88
2 Bedrooms 28.39
3 Bedrooms 44.88
4 Bedrooms 8.94
5 or more bedrooms 1.89

Popular Neighborhoods in Edinburgh

Zip Codes in Edinburgh, IN