Pendleton, IN


Highest Appreciating Pendleton Neighborhoods Since 2000

Pendleton, 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

Pendleton Housing Market Information

With a population of 4,219, 1,842 total housing units (homes and apartments), and a median house value of $142,602, Pendleton real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Pendleton, accounting for 69.90% of the town's housing units. Other types of housing that are prevalent in Pendleton include duplexes, homes converted to apartments or other small apartment buildings ( 10.02%), large apartment complexes or high rise apartments ( 9.01%), and a few mobile homes or trailers ( 7.05%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pendleton. Owner-occupied housing accounts for 66.40% of Pendleton's homes, and 59.18% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Pendleton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Pendleton built before 1939 ( 27.93%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.65%). There's also some housing in Pendleton built between 2000 and later ( 16.46%).

Pendleton Home Appreciation Rates

Appreciation rates for homes in Pendleton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.27%, which ranks in the top 50% nationwide. This equates to an annual average Pendleton house appreciation rate of 0.32%.

Over the last year, Pendleton appreciation rates have trailed the rest of the nation. In the last twelve months, Pendleton's appreciation rate has been -0.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pendleton were at -0.60%, which equates to an annual appreciation rate of -2.40%.

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

Relative to Indiana, our data show that Pendleton's latest annual appreciation rate is lower than 80% of the other cities and towns in Indiana.

Average Home Values


Median Home Value:


Value Range
> $1,076,000 0.0
$807,001 - $1,076,000 0.0
$538,001 - $807,000 1.3
$430,001 - $538,000 1.0
$322,001 - $430,000 2.1
$215,001 - $322,000 11.8
$107,001 - $215,000 62.4
$54,001 - $107,000 18.1
$0 - $54,000 3.3

High for IN
Average for Nation

Value Relative to Nation Value Relative to State
53.5274815422477 33.0316742081448

Number Of Homes And Apartments:

Pendleton Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
10.42% 0.58% 3 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$996 / per month

Homeownership Rate

Owners 66.40
Renters 33.60
Vacant 7.30

Housing Market Details


Age of Homes

AGE OF Pendleton HOMES
2000 or Newer 16.5
1970 - 1999 32.0
1940 - 1969 23.7
1939 or Older 27.9

Types of Homes

Single-Family 69.9
Townhomes 4.0
Small Apt. Buildings 10.0
Apt. Complexes 9.0
Mobile Homes 7.0
Other 0.0

Home Size

No Bedroom 2.72
1 Bedroom 8.10
2 Bedrooms 27.98
3 Bedrooms 43.33
4 Bedrooms 15.85
5 or more bedrooms 2.01