Indiana
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Indiana Real Estate Market & Appreciation

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

Average Home Values

Median Home Value:
$161,878

Number Of Homes And Apartments:
2,570,419

Indiana Home Prices

> $1,199,528
0.5%
0.5%
$899,569 - $1,199,528
0.6%
0.6%
$599,739 - $899,568
1.9%
1.9%
$479,872 - $599,738
2.3%
2.3%
$359,805 - $479,871
5.9%
5.9%
$239,955 - $359,804
14.4%
14.4%
$119,922 - $239,954
39.5%
39.5%
$59,994 - $119,921
25.2%
25.2%
$0 - $59,993
9.7%
9.7%
0.0% 100.0%
% OF HOMES

Indiana Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q3 - 2020 Q4
2.25% 9.33%
8
Last 12 Months:
2019 Q4 - 2020 Q4
6.93% 6.93%
8
Last 2 Years:
2018 Q4 - 2020 Q4
13.18% 6.39%
8
Last 5 Years:
2015 Q4 - 2020 Q4
31.24% 5.59%
7
Last 10 Years:
2010 Q4 - 2020 Q4
39.04% 3.35%
6
Since 2000:
2000 Q1 - 2020 Q4
65.44% 2.46%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,026 / per month

Homeownership Rate

Owners
67.1%
67.1%
Renters
32.9%
32.9%
Vacant
11.0%
11.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
16.7%
16.7%
1970 - 1999
38.6%
38.6%
1940 - 1969
27.6%
27.6%
1939 or Older
17.1%
17.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
72.8%
72.8%
Townhomes
3.7%
3.7%
Small Apt. Buildings
6.0%
6.0%
Apt. Complexes
12.6%
12.6%
Mobile Homes
4.8%
4.8%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.5%
1.5%
1 Bedroom
9.0%
9.0%
2 Bedrooms
26.0%
26.0%
3 Bedrooms
43.6%
43.6%
4 Bedrooms
16.2%
16.2%
5 or more bedrooms
3.8%
3.8%
0.0% 100.0%
% OF HOMES