Lawrenceburg, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Lawrenceburg, IN Real Estate Data


Lawrenceburg Housing Market Information

With a population of 4,960, 1,957 total housing units (homes and apartments), and a median house value of $153,496, Lawrenceburg 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 Lawrenceburg, accounting for 51.48% of the city's housing units. Other types of housing that are prevalent in Lawrenceburg include large apartment complexes or high rise apartments ( 32.02%), duplexes, homes converted to apartments or other small apartment buildings ( 9.61%), and a few row houses and other attached homes ( 5.59%).

People in Lawrenceburg primarily live in small (one, two or no bedroom) single-family detached homes. Lawrenceburg has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Lawrenceburg 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 Lawrenceburg built before 1939 ( 26.66%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.06%). There's also some housing in Lawrenceburg built between 1940-1969 ( 19.92%).

Lawrenceburg Home Appreciation Rates

Appreciation rates for homes in Lawrenceburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.02%, which ranks in the top 50% nationwide. This equates to an annual average Lawrenceburg house appreciation rate of 0.49%.

Over the last year, Lawrenceburg appreciation rates have trailed the rest of the nation. In the last twelve months, Lawrenceburg's appreciation rate has been 4.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lawrenceburg were at 2.34%, which equates to an annual appreciation rate of 9.71%.

Relative to Indiana, our data show that Lawrenceburg's latest annual appreciation rate is lower than 70% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$153,496

Lawrenceburg, IN HOME PRICES

Value Range
> $1,106,000 0.0
$829,001 - $1,106,000 0.0
$552,001 - $829,000 1.1
$442,001 - $552,000 2.7
$332,001 - $442,000 1.4
$222,001 - $332,000 9.0
$110,001 - $222,000 57.5
$56,001 - $110,000 23.5
$0 - $56,000 4.8

High for IN
Average for Nation

Value Relative to Nation Value Relative to State
49.2358142530889 27.1493212669683

Number Of Homes And Apartments:
1,957

Rent & Ownership

 

Average Market Rent:
$743 / per month

Homeownership Rate

Homeownership
Owners 47.89
Renters 52.11
Vacant 9.57

Housing Market Details

 

Age of Homes

AGE OF Lawrenceburg HOMES
2000 or Newer 20.1
1970 - 1999 33.4
1940 - 1969 19.9
1939 or Older 26.7

Types of Homes

TYPE OF Lawrenceburg HOMES
Single-Family 51.5
Townhomes 5.6
Small Apt. Buildings 9.6
Apt. Complexes 32.0
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF Lawrenceburg HOMES
No Bedroom 2.08
1 Bedroom 22.64
2 Bedrooms 33.69
3 Bedrooms 33.60
4 Bedrooms 6.05
5 or more bedrooms 1.94

Lawrenceburg 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
26.63% 1.40% 7 3
* 10 is highest

Popular Neighborhoods in Lawrenceburg

Zip Codes in Lawrenceburg, IN