Sellersburg, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Sellersburg, IN Real Estate Data


Sellersburg Housing Market Information

With 8,659 people, 2,873 houses or apartments, and a median cost of homes of $169,839, Sellersburg 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 Sellersburg, accounting for 82.32% of the town's housing units. Other types of housing that are prevalent in Sellersburg include mobile homes or trailers ( 9.02%), large apartment complexes or high rise apartments ( 4.78%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.94%).

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 72.83% of Sellersburg's homes, and 73.82% 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 ( 33.74%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.04%). There's also some housing in Sellersburg built before 1939 ( 7.30%).

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 8.45%, which ranks in the top 40% nationwide. This equates to an annual average Sellersburg house appreciation rate of 0.81%.

NeighborhoodScout's data show that during the latest twelve months, Sellersburg's appreciation rate, at 5.20%, has been at or slightly above the national average. In the latest quarter, Sellersburg's appreciation rate has been 1.70%, which annualizes to a rate of 6.96%.

Relative to Indiana, our data show that Sellersburg's latest annual appreciation rate is lower than 60% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$169,839

Sellersburg, IN HOME PRICES

Value Range
> $1,126,000 0.1
$845,001 - $1,126,000 0.8
$563,001 - $845,000 0.6
$451,001 - $563,000 1.3
$338,001 - $451,000 5.1
$225,001 - $338,000 16.7
$113,001 - $225,000 49.3
$57,001 - $113,000 17.6
$0 - $57,000 8.4

Very High for IN
Average for Nation

Value Relative to Nation Value Relative to State
42.8178251449318 17.1945701357466

Number Of Homes And Apartments:
2,873

Rent & Ownership

 

Average Market Rent:
$1,094 / per month

Homeownership Rate

Homeownership
Owners 72.83
Renters 27.17
Vacant 7.14

Housing Market Details

 

Age of Homes

AGE OF Sellersburg HOMES
2000 or Newer 23.0
1970 - 1999 35.9
1940 - 1969 33.7
1939 or Older 7.3

Types of Homes

TYPE OF Sellersburg HOMES
Single-Family 82.3
Townhomes 1.9
Small Apt. Buildings 1.9
Apt. Complexes 4.8
Mobile Homes 9.0
Other 0.0

Home Size

SIZE OF Sellersburg HOMES
No Bedroom 0.00
1 Bedroom 6.46
2 Bedrooms 16.26
3 Bedrooms 60.54
4 Bedrooms 13.28
5 or more bedrooms 3.46

Sellersburg Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
24.41% 1.29% 6 2
* 10 is highest