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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
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%).
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.
|$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|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2019 Q1
|* 10 is highest|
|AGE OF Noblesville HOMES|
|2000 or Newer||50.6|
|1970 - 1999||36.5|
|1940 - 1969||6.8|
|1939 or Older||6.1|
|TYPE OF Noblesville HOMES|
|Small Apt. Buildings||6.3|
|SIZE OF Noblesville HOMES|
|5 or more bedrooms||5.40|