North Judson, IN Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

North Judson, IN Housing Market Trends

With a population of 1,712, 718 total housing units (homes and apartments), and a median house value of $150,025, house prices in North Judson are solidly below the national average.

Single-family detached homes are the single most common housing type in North Judson, accounting for 80.00% of the town's housing units. Other types of housing that are prevalent in North Judson include large apartment complexes or high rise apartments ( 9.76%), duplexes, homes converted to apartments or other small apartment buildings ( 7.88%), and a few mobile homes or trailers ( 2.12%).

The most prevalent building size and type in North Judson are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.07% owning and 35.93% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. North Judson's housing was primarily built during this period, from the '40s through the '60s. A full 39.76% of the town's housing hails from this era. Other housing ages represented in North Judson include homes built before 1939 ( 31.88%) and housing constructed between 1970-1999 ( 22.24%). There's also some housing in North Judson built between 2000 and later ( 6.12%).

Vacant housing appears to be an issue in North Judson. Fully 15.53% of the housing stock is classified as vacant. Left unchecked, vacant North Judson homes and apartments can be a drag on the real estate market, holding North Judson real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

North Judson Home Appreciation Rates

Appreciation rates for homes in North Judson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 37.02%, which ranks in the top 40% nationwide. This equates to an annual average North Judson house appreciation rate of 3.20%.

NeighborhoodScout's data show that during the latest twelve months, North Judson's appreciation rate, at 6.13%, has been at or slightly above the national average. In the latest quarter, North Judson's appreciation rate has been 2.27%, which annualizes to a rate of 9.40%.

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

Average Home Values

 

Median Home Value:
$150,025

North Judson, IN HOME PRICES

> $1,200,000
0.0%
0.0%
$900,001 - $1,200,000
0.0%
0.0%
$600,001 - $900,000
0.0%
0.0%
$480,001 - $600,000
0.0%
0.0%
$360,001 - $480,000
3.9%
3.9%
$240,001 - $360,000
13.6%
13.6%
$120,001 - $240,000
40.3%
40.3%
$60,001 - $120,000
28.8%
28.8%
$0 - $60,000
13.4%
13.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Average for IN

Value Relative To Nation

Number Of Homes And Apartments:
718

North Judson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
46.51% 1.84%
5
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$832 / per month

Homeownership Rate

Owners
64.1%
64.1%
Renters
35.9%
35.9%
Vacant
15.5%
15.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
6.1%
6.1%
1970 - 1999
22.2%
22.2%
1940 - 1969
39.8%
39.8%
1939 or Older
31.9%
31.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
80.0%
80.0%
Townhomes
0.2%
0.2%
Small Apt. Buildings
7.9%
7.9%
Apt. Complexes
9.8%
9.8%
Mobile Homes
2.1%
2.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
10.5%
10.5%
2 Bedrooms
24.9%
24.9%
3 Bedrooms
41.6%
41.6%
4 Bedrooms
19.8%
19.8%
5 or more bedrooms
3.2%
3.2%
0.0% 100.0%
% OF HOMES

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Zip Codes in North Judson, IN