Rushville, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Rushville Neighborhoods Since 2000




Rushville, 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

Rushville Housing Market Information

With 6,077 people, 2,706 houses or apartments, and a median cost of homes of $94,306, house prices in Rushville are solidly below the national average.

Single-family detached homes are the single most common housing type in Rushville, accounting for 70.81% of the city's housing units. Other types of housing that are prevalent in Rushville include duplexes, homes converted to apartments or other small apartment buildings ( 15.41%), large apartment complexes or high rise apartments ( 11.29%), and a few mobile homes or trailers ( 2.21%).

The most prevalent building size and type in Rushville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.58% owning and 45.42% renting.

The housing in Rushville was primarily built before 1939 ( 39.48%), making the housing stock in Rushville some of the oldest overall in America, although there is a range of ages of homes in Rushville. The next most important housing age is between 1940-1969 ( 31.04%), followed by between 1970-1999 ( 22.89%). There's also some housing in Rushville built between 2000 and later ( 6.59%).

Rushville Home Appreciation Rates

Appreciation rates for homes in Rushville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.10%, which ranks in the top 50% nationwide. This equates to an annual average Rushville house appreciation rate of 0.21%.

Over the last year, Rushville appreciation rates have trailed the rest of the nation. In the last twelve months, Rushville's appreciation rate has been 3.11%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rushville were at -1.14%, which equates to an annual appreciation rate of -4.49%.

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

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

Average Home Values

 

Median Home Value:
$94,306

Rushville, IN HOME PRICES

Value Range
> $1,098,000 0.0
$823,001 - $1,098,000 0.0
$549,001 - $823,000 0.1
$439,001 - $549,000 0.4
$330,001 - $439,000 1.8
$220,001 - $330,000 4.9
$110,001 - $220,000 28.6
$55,001 - $110,000 49.7
$0 - $55,000 14.4

Low for IN
Very Low for Nation

Value Relative to Nation Value Relative to State
81.1789523028243 79.8642533936652

Number Of Homes And Apartments:
2,706

Rushville 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
5.51% 0.31% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$794 / per month

Homeownership Rate

Homeownership
Owners 54.58
Renters 45.42
Vacant 3.67

Housing Market Details

 

Age of Homes

AGE OF Rushville HOMES
2000 or Newer 6.6
1970 - 1999 22.9
1940 - 1969 31.0
1939 or Older 39.5

Types of Homes

TYPE OF Rushville HOMES
Single-Family 70.8
Townhomes 0.3
Small Apt. Buildings 15.4
Apt. Complexes 11.3
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Rushville HOMES
No Bedroom 1.64
1 Bedroom 9.68
2 Bedrooms 35.67
3 Bedrooms 44.32
4 Bedrooms 7.05
5 or more bedrooms 1.64

Popular Neighborhoods in Rushville

Zip Codes in Rushville, IN