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 61,882 people, 21,796 houses or apartments, and a median cost of homes of $234,695, 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 68.81% of the city's housing units. Other types of housing that are prevalent in Noblesville include large apartment complexes or high rise apartments ( 17.19%), duplexes, homes converted to apartments or other small apartment buildings ( 6.51%), and a few row houses and other attached homes ( 5.24%).
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 68.23% of Noblesville's homes, and 63.34% 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. 49.18% 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 ( 37.64%), and between 1940-1969 ( 7.06%). There's also some housing in Noblesville built before 1939 ( 6.12%).
In the last 10 years, Noblesville has experienced some of the highest home appreciation rates of any community in the nation. Noblesville real estate appreciated 32.96% over the last ten years, which is an average annual home appreciation rate of 2.89%, putting Noblesville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Noblesville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Noblesville that despite a nationwide downturn in the housing market, Noblesville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Noblesville appreciation rates continue to be some of the highest in America, at 10.51%, which is higher than appreciation rates in 94.34% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Noblesville. Noblesville appreciation rates in the latest quarter were at 4.80%, which equates to an annual appreciation rate of 20.64%.
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 90% 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.
|$980,001 - $1,307,000||1.3|
|$654,001 - $980,000||3.9|
|$523,001 - $654,000||4.3|
|$392,001 - $523,000||9.4|
|$261,001 - $392,000||22.0|
|$131,001 - $261,000||47.3|
|$65,001 - $131,000||7.1|
|$0 - $65,000||4.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
2000 Q1 - 2018 Q3
|* 10 is highest|
|AGE OF Noblesville HOMES|
|2000 or Newer||49.2|
|1970 - 1999||37.6|
|1940 - 1969||7.1|
|1939 or Older||6.1|
|TYPE OF Noblesville HOMES|
|Small Apt. Buildings||6.5|
|SIZE OF Noblesville HOMES|
|5 or more bedrooms||5.82|