Sellersburg, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Sellersburg Neighborhoods Since 2000




Sellersburg, 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

Sellersburg Housing Market Information

With a population of 8,659, 2,942 total housing units (homes and apartments), and a median house value of $186,750, Sellersburg real estate is some of the most expensive in Indiana, although Sellersburg home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Sellersburg, accounting for 84.44% of the town's housing units. Other types of housing that are prevalent in Sellersburg include mobile homes or trailers ( 7.48%), large apartment complexes or high rise apartments ( 3.76%), and a few row houses and other attached homes ( 2.76%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sellersburg. Owner-occupied housing accounts for 74.78% of Sellersburg's homes, and 78.75% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sellersburg 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 Sellersburg built between 1940-1969 ( 32.62%). A lesser amount of the housing stock also hails from between 2000 and later ( 26.21%). There's also some housing in Sellersburg built before 1939 ( 5.75%).

Sellersburg Home Appreciation Rates

Appreciation rates for homes in Sellersburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.05%, which ranks in the top 40% nationwide. This equates to an annual average Sellersburg house appreciation rate of 0.59%.

NeighborhoodScout's data show that during the latest twelve months, Sellersburg's appreciation rate, at 4.97%, has been at or slightly above the national average. In the latest quarter, Sellersburg's appreciation rate has been 1.69%, which annualizes to a rate of 6.95%.

Importantly, this makes Sellersburg one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Indiana, our data show that Sellersburg's latest annual appreciation rate is higher than 70% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$186,750

Sellersburg, IN HOME PRICES

Value Range
> $1,097,000 0.1
$823,001 - $1,097,000 0.6
$548,001 - $823,000 1.3
$439,001 - $548,000 1.1
$329,001 - $439,000 4.4
$219,001 - $329,000 17.4
$110,001 - $219,000 51.1
$55,001 - $110,000 16.6
$0 - $55,000 7.4

Very High for IN
High for Nation

Value Relative to Nation Value Relative to State
35.7933903668112 10.0678733031674

Number Of Homes And Apartments:
2,942

Sellersburg 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
21.90% 1.15% 6 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,137 / per month

Homeownership Rate

Homeownership
Owners 74.78
Renters 25.22
Vacant 2.16

Housing Market Details

 

Age of Homes

AGE OF Sellersburg HOMES
2000 or Newer 26.2
1970 - 1999 35.4
1940 - 1969 32.6
1939 or Older 5.8

Types of Homes

TYPE OF Sellersburg HOMES
Single-Family 84.4
Townhomes 2.8
Small Apt. Buildings 1.6
Apt. Complexes 3.8
Mobile Homes 7.5
Other 0.0

Home Size

SIZE OF Sellersburg HOMES
No Bedroom 0.00
1 Bedroom 5.52
2 Bedrooms 12.90
3 Bedrooms 65.81
4 Bedrooms 12.94
5 or more bedrooms 2.83