Leo-Cedarville, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Leo-Cedarville Neighborhoods Since 2000




Leo-Cedarville, 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

Leo-Cedarville Housing Market Information

With 3,842 people, 1,148 houses or apartments, and a median cost of homes of $228,979, Leo-Cedarville real estate is some of the most expensive in Indiana, although Leo-Cedarville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Leo-Cedarville, accounting for 98.17% of the town's housing units. Other types of housing that are prevalent in Leo-Cedarville include duplexes, homes converted to apartments or other small apartment buildings ( 1.05%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Leo-Cedarville. Owner-occupied housing accounts for 91.46% of Leo-Cedarville's homes, and 84.58% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Leo-Cedarville 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 Leo-Cedarville built between 1940-1969 ( 28.14%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.30%). There's also some housing in Leo-Cedarville built before 1939 ( 8.10%).

Leo-Cedarville Home Appreciation Rates

Appreciation rates for homes in Leo-Cedarville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.02%, which ranks in the top 40% nationwide. This equates to an annual average Leo-Cedarville house appreciation rate of 0.68%.

NeighborhoodScout's data show that during the latest twelve months, Leo-Cedarville's appreciation rate, at 3.93%, has been at or slightly above the national average. In the latest quarter, Leo-Cedarville's appreciation rate has been -1.88%, which annualizes to a rate of -7.30%.

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

Relative to Indiana, our data show that Leo-Cedarville's latest annual appreciation rate is higher than 60% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$228,979

Leo-Cedarville, IN HOME PRICES

Value Range
> $1,108,000 0.7
$831,001 - $1,108,000 1.0
$554,001 - $831,000 1.5
$443,001 - $554,000 2.4
$332,001 - $443,000 11.3
$222,001 - $332,000 24.5
$111,001 - $222,000 48.6
$56,001 - $111,000 6.0
$0 - $56,000 3.8

Very High for IN
High for Nation

Value Relative to Nation Value Relative to State
25.9521856322513 3.84615384615385

Number Of Homes And Apartments:
1,148

Leo-Cedarville 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
21.75% 1.15% 6 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,008 / per month

Homeownership Rate

Homeownership
Owners 91.46
Renters 8.54
Vacant 0.00

Housing Market Details

 

Age of Homes

AGE OF Leo-Cedarville HOMES
2000 or Newer 22.3
1970 - 1999 41.5
1940 - 1969 28.1
1939 or Older 8.1

Types of Homes

TYPE OF Leo-Cedarville HOMES
Single-Family 98.2
Townhomes 0.8
Small Apt. Buildings 1.0
Apt. Complexes 0.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Leo-Cedarville HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 4.70
3 Bedrooms 54.27
4 Bedrooms 30.31
5 or more bedrooms 10.71

Popular Neighborhoods in Leo-Cedarville

Zip Codes in Leo-Cedarville, IN