North Judson, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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North Judson, 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

North Judson Housing Market Information

With a population of 1,739, 769 total housing units (homes and apartments), and a median house value of $109,584, 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 80.12% of the town's housing units. Other types of housing that are prevalent in North Judson include large apartment complexes or high rise apartments ( 14.71%), duplexes, homes converted to apartments or other small apartment buildings ( 4.82%).

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 63.59% owning and 36.41% 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 43.65% of the town's housing hails from this era. Other housing ages represented in North Judson include homes built before 1939 ( 32.59%) and housing constructed between 1970-1999 ( 20.59%). There's also some housing in North Judson built between 2000 and later ( 3.18%).

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 4.30%, which ranks in the top 50% nationwide. This equates to an annual average North Judson house appreciation rate of 0.42%.

Appreciation rates are so strong in North Judson that despite a nationwide downturn in the housing market, North Judson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, North Judson appreciation rates continue to be some of the highest in America, at 6.97%, which is higher than appreciation rates in 81.14% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in North Judson. North Judson appreciation rates in the latest quarter were at -1.14%, which equates to an annual appreciation rate of -4.49%.

Notably, North Judson's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Indiana, our data show that North Judson's latest annual appreciation rate is higher than 90% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$109,584

North Judson, IN HOME PRICES

Value Range
> $1,111,000 0.0
$833,001 - $1,111,000 0.0
$556,001 - $833,000 0.0
$445,001 - $556,000 0.2
$333,001 - $445,000 1.3
$222,001 - $333,000 8.2
$111,001 - $222,000 39.3
$55,001 - $111,000 37.2
$0 - $55,000 13.7

Low for IN
Low for Nation

Value Relative to Nation Value Relative to State
71.6629555842025 65.8371040723982

Number Of Homes And Apartments:
769

North Judson 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
21.80% 1.15% 6 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$701 / per month

Homeownership Rate

Homeownership
Owners 63.59
Renters 36.41
Vacant 9.53

Housing Market Details

 

Age of Homes

AGE OF North Judson HOMES
2000 or Newer 3.2
1970 - 1999 20.6
1940 - 1969 43.6
1939 or Older 32.6

Types of Homes

TYPE OF North Judson HOMES
Single-Family 80.1
Townhomes 0.4
Small Apt. Buildings 4.8
Apt. Complexes 14.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF North Judson HOMES
No Bedroom 0.00
1 Bedroom 13.76
2 Bedrooms 24.00
3 Bedrooms 40.35
4 Bedrooms 20.24
5 or more bedrooms 1.65

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Zip Codes in North Judson, IN