Huntington, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Huntington Neighborhoods Since 2000




Huntington, 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

Huntington Housing Market Information

With 17,095 people, 6,631 houses or apartments, and a median cost of homes of $95,108, house prices in Huntington are solidly below the national average.

Single-family detached homes are the single most common housing type in Huntington, accounting for 77.05% of the city's housing units. Other types of housing that are prevalent in Huntington include duplexes, homes converted to apartments or other small apartment buildings ( 10.12%), large apartment complexes or high rise apartments ( 7.42%), and a few mobile homes or trailers ( 2.98%).

The most prevalent building size and type in Huntington are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.74% owning and 40.26% renting.

The housing in Huntington was primarily built before 1939 ( 46.61%), making the housing stock in Huntington some of the oldest overall in America, although there is a range of ages of homes in Huntington. The next most important housing age is between 1940-1969 ( 23.49%), followed by between 1970-1999 ( 22.87%). There's also some housing in Huntington built between 2000 and later ( 7.03%).

Vacant housing appears to be an issue in Huntington. Fully 12.50% of the housing stock is classified as vacant. Left unchecked, vacant Huntington homes and apartments can be a drag on the real estate market, holding Huntington 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.

Huntington Home Appreciation Rates

Appreciation rates for homes in Huntington have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.73%, which ranks in the top 50% nationwide. This equates to an annual average Huntington house appreciation rate of 0.27%.

NeighborhoodScout's data show that during the latest twelve months, Huntington's appreciation rate, at 4.17%, has been at or slightly above the national average. In the latest quarter, Huntington's appreciation rate has been -1.14%, which annualizes to a rate of -4.49%.

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

Relative to Indiana, our data show that Huntington's latest annual appreciation rate is higher than 60% 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 Huntington differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Huntington - 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 Huntington real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$95,108

Huntington, IN HOME PRICES

Value Range
> $1,080,000 0.0
$810,001 - $1,080,000 0.0
$540,001 - $810,000 0.8
$432,001 - $540,000 0.0
$324,001 - $432,000 1.0
$216,001 - $324,000 5.7
$108,001 - $216,000 29.3
$54,001 - $108,000 49.2
$0 - $54,000 14.0

Low for IN
Very Low for Nation

Value Relative to Nation Value Relative to State
80.6984647837806 78.5067873303167

Number Of Homes And Apartments:
6,631

Huntington 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
5.36% 0.30% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$806 / per month

Homeownership Rate

Homeownership
Owners 59.74
Renters 40.26
Vacant 12.50

Housing Market Details

 

Age of Homes

AGE OF Huntington HOMES
2000 or Newer 7.0
1970 - 1999 22.9
1940 - 1969 23.5
1939 or Older 46.6

Types of Homes

TYPE OF Huntington HOMES
Single-Family 77.1
Townhomes 2.4
Small Apt. Buildings 10.1
Apt. Complexes 7.4
Mobile Homes 3.0
Other 0.0

Home Size

SIZE OF Huntington HOMES
No Bedroom 1.37
1 Bedroom 9.55
2 Bedrooms 27.63
3 Bedrooms 46.53
4 Bedrooms 13.28
5 or more bedrooms 1.64