Noblesville, IN

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Noblesville, 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 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Noblesville Housing Market Information

With a population of 61,882, 22,130 total housing units (homes and apartments), and a median house value of $220,716, Noblesville real estate is some of the most expensive in Indiana, although Noblesville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Noblesville, accounting for 69.86% of the city's housing units. Other types of housing that are prevalent in Noblesville include large apartment complexes or high rise apartments ( 16.07%), duplexes, homes converted to apartments or other small apartment buildings ( 6.31%), and a few row houses and other attached homes ( 5.43%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Noblesville. Owner-occupied housing accounts for 69.05% of Noblesville's homes, and 63.80% have either three or four bedrooms, which is average sized relative to America.

Noblesville homes and real estate are some of the newest in America. 50.56% of Noblesville's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Noblesville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.55%), and between 1940-1969 ( 6.81%). There's also some housing in Noblesville built before 1939 ( 6.08%).

Noblesville Home Appreciation Rates

Appreciation rates for homes in Noblesville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 30.05%, which ranks in the top 30% nationwide. This equates to an annual average Noblesville house appreciation rate of 2.66%.

NeighborhoodScout's data show that during the latest twelve months, Noblesville's appreciation rate, at 5.79%, has been at or slightly above the national average. In the latest quarter, Noblesville's appreciation rate has been 1.71%, which annualizes to a rate of 7.00%.

Importantly, this makes Noblesville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Indiana, our data show that Noblesville's latest annual appreciation rate is higher than 50% 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 Noblesville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Noblesville - 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 Noblesville real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Noblesville, IN HOME PRICES

Value Range
> $1,213,000 0.4
$910,001 - $1,213,000 0.6
$607,001 - $910,000 3.5
$486,001 - $607,000 4.6
$364,001 - $486,000 9.9
$243,001 - $364,000 23.0
$121,001 - $243,000 49.8
$61,001 - $121,000 4.7
$0 - $61,000 3.5

Very High for IN
High for Nation

Value Relative to Nation Value Relative to State
32.3970802919708 9.04977375565611

Number Of Homes And Apartments:

Noblesville Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
48.47% 2.07%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,266 / per month

Homeownership Rate

Owners 69.05
Renters 30.95
Vacant 5.03

Housing Market Details


Age of Homes

AGE OF Noblesville HOMES
2000 or Newer 50.6
1970 - 1999 36.5
1940 - 1969 6.8
1939 or Older 6.1

Types of Homes

TYPE OF Noblesville HOMES
Single-Family 69.9
Townhomes 5.4
Small Apt. Buildings 6.3
Apt. Complexes 16.1
Mobile Homes 2.3
Other 0.0

Home Size

SIZE OF Noblesville HOMES
No Bedroom 0.58
1 Bedroom 7.58
2 Bedrooms 22.63
3 Bedrooms 37.57
4 Bedrooms 26.23
5 or more bedrooms 5.40