Ligonier, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Ligonier Neighborhoods Since 2000




Ligonier, 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

Ligonier Housing Market Information

With a population of 4,405, 1,471 total housing units (homes and apartments), and a median house value of $85,765, house prices in Ligonier are some of the most affordable in Indiana as well as the nation.

Single-family detached homes are the single most common housing type in Ligonier, accounting for 63.25% of the city's housing units. Other types of housing that are prevalent in Ligonier include duplexes, homes converted to apartments or other small apartment buildings ( 16.45%), large apartment complexes or high rise apartments ( 11.14%), and a few mobile homes or trailers ( 5.38%).

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

The housing in Ligonier was primarily built before 1939 ( 45.33%), making the housing stock in Ligonier some of the oldest overall in America, although there is a range of ages of homes in Ligonier. The next most important housing age is between 1970-1999 ( 28.36%), followed by between 1940-1969 ( 13.44%). There's also some housing in Ligonier built between 2000 and later ( 12.87%).

Ligonier Home Appreciation Rates

Real estate appreciation rates in Ligonier's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.62% during the period.

Over the last year, Ligonier appreciation rates have trailed the rest of the nation. In the last twelve months, Ligonier's appreciation rate has been 3.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ligonier were at -1.14%, which equates to an annual appreciation rate of -4.49%.

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

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

Average Home Values

 

Median Home Value:
$85,765

Ligonier, IN HOME PRICES

Value Range
> $1,047,000 0.0
$785,001 - $1,047,000 0.0
$524,001 - $785,000 0.3
$419,001 - $524,000 0.1
$314,001 - $419,000 4.3
$209,001 - $314,000 4.6
$105,001 - $209,000 20.1
$53,001 - $105,000 56.0
$0 - $53,000 14.5

Very Low for IN
Very Low for Nation

Value Relative to Nation Value Relative to State
86.9037853041134 87.7828054298643

Number Of Homes And Apartments:
1,471

Ligonier 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
5.39% 0.30% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$738 / per month

Homeownership Rate

Homeownership
Owners 58.34
Renters 41.66
Vacant 5.83

Housing Market Details

 

Age of Homes

AGE OF Ligonier HOMES
2000 or Newer 12.9
1970 - 1999 28.4
1940 - 1969 13.4
1939 or Older 45.3

Types of Homes

TYPE OF Ligonier HOMES
Single-Family 63.3
Townhomes 3.8
Small Apt. Buildings 16.5
Apt. Complexes 11.1
Mobile Homes 5.4
Other 0.0

Home Size

SIZE OF Ligonier HOMES
No Bedroom 0.64
1 Bedroom 15.24
2 Bedrooms 32.65
3 Bedrooms 39.76
4 Bedrooms 6.85
5 or more bedrooms 4.87

Popular Neighborhoods in Ligonier

Zip Codes in Ligonier, IN