Hebron, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Hebron Neighborhoods Since 2000




Hebron, 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

Hebron Housing Market Information

With 3,704 people, 1,375 houses or apartments, and a median cost of homes of $162,718, 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 51.77% of the town's housing units. Other types of housing that are prevalent in Hebron include large apartment complexes or high rise apartments ( 19.85%), mobile homes or trailers ( 14.80%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 13.57%).

The most prevalent building size and type in Hebron are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.44% owning and 35.56% renting.

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 2000 and later ( 12.76%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.55%). There's also some housing in Hebron built before 1939 ( 8.94%).

Hebron Home Appreciation Rates

Real estate appreciation rates in Hebron's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.10% during the period.

Over the last year, Hebron appreciation rates have trailed the rest of the nation. In the last twelve months, Hebron's appreciation rate has been 2.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hebron were at 0.43%, which equates to an annual appreciation rate of 1.74%.

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:
$162,718

Hebron, IN HOME PRICES

Value Range
> $1,079,000 1.1
$810,001 - $1,079,000 0.0
$540,001 - $810,000 0.0
$432,001 - $540,000 0.4
$324,001 - $432,000 3.3
$216,001 - $324,000 18.1
$108,001 - $216,000 56.1
$54,001 - $108,000 11.0
$0 - $54,000 9.9

Very High for IN
Average for Nation

Value Relative to Nation Value Relative to State
44.5564279854682 19.683257918552

Number Of Homes And Apartments:
1,375

Hebron 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
27.71% 1.43% 8 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$896 / per month

Homeownership Rate

Homeownership
Owners 64.44
Renters 35.56
Vacant 6.21

Housing Market Details

 

Age of Homes

AGE OF Hebron HOMES
2000 or Newer 12.8
1970 - 1999 68.8
1940 - 1969 9.5
1939 or Older 8.9

Types of Homes

TYPE OF Hebron HOMES
Single-Family 51.8
Townhomes 0.0
Small Apt. Buildings 13.6
Apt. Complexes 19.8
Mobile Homes 14.8
Other 0.0

Home Size

SIZE OF Hebron HOMES
No Bedroom 0.00
1 Bedroom 3.62
2 Bedrooms 30.15
3 Bedrooms 52.86
4 Bedrooms 11.94
5 or more bedrooms 1.43