Hebron, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Hebron Neighborhoods Since 2000




Hebron, IN Real Estate Data


Hebron Housing Market Information

With 3,704 people, 1,394 houses or apartments, and a median cost of homes of $163,918, Hebron 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 Hebron, accounting for 60.47% of the town's housing units. Other types of housing that are prevalent in Hebron include large apartment complexes or high rise apartments ( 16.91%), duplexes, homes converted to apartments or other small apartment buildings ( 12.21%), and a few mobile homes or trailers ( 10.40%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hebron. Owner-occupied housing accounts for 65.57% of Hebron's homes, and 63.36% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hebron 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 Hebron built between 1940-1969 ( 14.70%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.76%). There's also some housing in Hebron built before 1939 ( 11.07%).

Hebron Home Appreciation Rates

Appreciation rates for homes in Hebron have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.45%, which ranks in the top 50% nationwide. This equates to an annual average Hebron house appreciation rate of 0.34%.

NeighborhoodScout's data show that during the latest twelve months, Hebron's appreciation rate, at 5.31%, has been at or slightly above the national average. In the latest quarter, Hebron's appreciation rate has been 1.63%, which annualizes to a rate of 6.69%.

Relative to Indiana, our data show that Hebron's latest annual appreciation rate is lower than 50% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$163,918

Hebron, IN HOME PRICES

Value Range
> $1,114,000 1.4
$835,001 - $1,114,000 0.0
$557,001 - $835,000 0.0
$445,001 - $557,000 0.2
$334,001 - $445,000 3.2
$223,001 - $334,000 13.8
$112,001 - $223,000 62.8
$56,001 - $112,000 11.4
$0 - $56,000 7.2

High for IN
Average for Nation

Value Relative to Nation Value Relative to State
45.2772735257949 21.2669683257919

Number Of Homes And Apartments:
1,394

Rent & Ownership

 

Average Market Rent:
$854 / per month

Homeownership Rate

Homeownership
Owners 65.57
Renters 34.43
Vacant 6.44

Housing Market Details

 

Age of Homes

AGE OF Hebron HOMES
2000 or Newer 13.8
1970 - 1999 60.5
1940 - 1969 14.7
1939 or Older 11.1

Types of Homes

TYPE OF Hebron HOMES
Single-Family 60.5
Townhomes 0.0
Small Apt. Buildings 12.2
Apt. Complexes 16.9
Mobile Homes 10.4
Other 0.0

Home Size

SIZE OF Hebron HOMES
No Bedroom 0.00
1 Bedroom 1.95
2 Bedrooms 33.69
3 Bedrooms 53.56
4 Bedrooms 9.80
5 or more bedrooms 1.01

Hebron 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
30.68% 1.59% 8 3
* 10 is highest