Middlebury, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Middlebury Neighborhoods Since 2000




Middlebury, 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

Middlebury Housing Market Information

With 3,562 people, 1,157 houses or apartments, and a median cost of homes of $201,846, Middlebury real estate is some of the most expensive in Indiana, although Middlebury home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Middlebury, accounting for 78.74% of the town's housing units. Other types of housing that are prevalent in Middlebury include row houses and other attached homes ( 6.57%), duplexes, homes converted to apartments or other small apartment buildings ( 5.62%), and a few mobile homes or trailers ( 5.01%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Middlebury. Owner-occupied housing accounts for 81.10% of Middlebury's homes, and 60.16% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Middlebury 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 Middlebury built between 2000 and later ( 18.58%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.17%). There's also some housing in Middlebury built before 1939 ( 10.37%).

Middlebury Home Appreciation Rates

Appreciation rates for homes in Middlebury have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.58%, which ranks in the top 30% nationwide. This equates to an annual average Middlebury house appreciation rate of 0.92%.

NeighborhoodScout's data show that during the latest twelve months, Middlebury's appreciation rate, at 4.46%, has been at or slightly above the national average. In the latest quarter, Middlebury's appreciation rate has been 1.08%, which annualizes to a rate of 4.38%.

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

Average Home Values

 

Median Home Value:
$201,846

Middlebury, IN HOME PRICES

Value Range
> $1,153,000 0.2
$865,001 - $1,153,000 0.2
$576,001 - $865,000 2.3
$461,001 - $576,000 2.2
$346,001 - $461,000 9.5
$231,001 - $346,000 21.4
$115,001 - $231,000 46.0
$58,001 - $115,000 10.1
$0 - $58,000 8.1

Very High for IN
High for Nation

Value Relative to Nation Value Relative to State
31.8059299191375 6.56108597285068

Number Of Homes And Apartments:
1,157

Middlebury 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
29.74% 1.52% 9 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$938 / per month

Homeownership Rate

Homeownership
Owners 81.10
Renters 18.90
Vacant 0.00

Housing Market Details

 

Age of Homes

AGE OF Middlebury HOMES
2000 or Newer 18.6
1970 - 1999 56.9
1940 - 1969 14.2
1939 or Older 10.4

Types of Homes

TYPE OF Middlebury HOMES
Single-Family 78.7
Townhomes 6.6
Small Apt. Buildings 5.6
Apt. Complexes 4.1
Mobile Homes 5.0
Other 0.0

Home Size

SIZE OF Middlebury HOMES
No Bedroom 0.00
1 Bedroom 5.45
2 Bedrooms 27.05
3 Bedrooms 42.44
4 Bedrooms 17.72
5 or more bedrooms 7.35

Popular Neighborhoods in Middlebury

Zip Codes in Middlebury, IN