Fremont, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Fremont, 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

Fremont Housing Market Information

With a population of 2,153, 933 total housing units (homes and apartments), and a median house value of $158,600, Fremont real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Fremont, accounting for 71.23% of the town's housing units. Other types of housing that are prevalent in Fremont include mobile homes or trailers ( 19.67%), large apartment complexes or high rise apartments ( 5.38%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.54%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fremont. Owner-occupied housing accounts for 78.46% of Fremont's homes, and 69.96% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fremont 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 Fremont built before 1939 ( 26.42%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.51%). There's also some housing in Fremont built between 1940-1969 ( 8.61%).

Fremont Home Appreciation Rates

Real estate appreciation rates in Fremont's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.05% during the period.

Appreciation rates are so strong in Fremont that despite a nationwide downturn in the housing market, Fremont real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fremont appreciation rates continue to be some of the highest in America, at 7.73%, which is higher than appreciation rates in 85.42% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fremont. Fremont appreciation rates in the latest quarter were at -1.14%, which equates to an annual appreciation rate of -4.49%.

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

Relative to Indiana, our data show that Fremont's latest annual appreciation rate is higher than 90% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$158,600

Fremont, IN HOME PRICES

Value Range
> $1,092,000 2.3
$819,001 - $1,092,000 1.8
$546,001 - $819,000 5.0
$437,001 - $546,000 1.3
$327,001 - $437,000 2.6
$218,001 - $327,000 6.2
$109,001 - $218,000 37.3
$55,001 - $109,000 28.8
$0 - $55,000 14.8

High for IN
Average for Nation

Value Relative to Nation Value Relative to State
46.2732919254658 22.1719457013575

Number Of Homes And Apartments:
933

Fremont 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
28.29% 1.45% 8 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$730 / per month

Homeownership Rate

Homeownership
Owners 78.46
Renters 21.54
Vacant 8.71

Housing Market Details

 

Age of Homes

AGE OF Fremont HOMES
2000 or Newer 17.5
1970 - 1999 47.5
1940 - 1969 8.6
1939 or Older 26.4

Types of Homes

TYPE OF Fremont HOMES
Single-Family 71.2
Townhomes 1.2
Small Apt. Buildings 2.5
Apt. Complexes 5.4
Mobile Homes 19.7
Other 0.0

Home Size

SIZE OF Fremont HOMES
No Bedroom 0.00
1 Bedroom 7.73
2 Bedrooms 21.23
3 Bedrooms 63.70
4 Bedrooms 6.26
5 or more bedrooms 1.08

Popular Neighborhoods in Fremont

Zip Codes in Fremont, IN