Vevay, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Vevay Neighborhoods Since 2000




Vevay, 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

Vevay Housing Market Information

With a population of 1,679, 600 total housing units (homes and apartments), and a median house value of $97,040, house prices in Vevay are solidly below the national average.

Single-family detached homes are the single most common housing type in Vevay, accounting for 62.66% of the town's housing units. Other types of housing that are prevalent in Vevay include duplexes, homes converted to apartments or other small apartment buildings ( 20.51%), large apartment complexes or high rise apartments ( 12.87%), and a few mobile homes or trailers ( 3.25%).

People in Vevay primarily live in small (one, two or no bedroom) single-family detached homes. Vevay has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Vevay 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 Vevay built before 1939 ( 32.81%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.60%). There's also some housing in Vevay built between 2000 and later ( 6.79%).

Vacant housing appears to be an issue in Vevay. Fully 15.13% of the housing stock is classified as vacant. Left unchecked, vacant Vevay homes and apartments can be a drag on the real estate market, holding Vevay real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Vevay Home Appreciation Rates

Vevay's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Vevay during the period has been just -1.43%, which is lower than 80% of US communities.

Over the last year, Vevay appreciation rates have trailed the rest of the nation. In the last twelve months, Vevay's appreciation rate has been -1.17%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vevay were at -1.14%, which equates to an annual appreciation rate of -4.49%.

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

Relative to Indiana, our data show that Vevay's latest annual appreciation rate is lower than 90% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$97,040

Vevay, IN HOME PRICES

Value Range
> $993,000 0.5
$744,001 - $993,000 0.0
$496,001 - $744,000 0.0
$397,001 - $496,000 0.0
$298,001 - $397,000 0.5
$198,001 - $298,000 10.2
$100,001 - $198,000 36.1
$50,001 - $100,000 36.9
$0 - $50,000 15.8

Low for IN
Low for Nation

Value Relative to Nation Value Relative to State
79.4913863822806 76.9230769230769

Number Of Homes And Apartments:
600

Vevay 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
0.61% 0.04% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$717 / per month

Homeownership Rate

Homeownership
Owners 49.73
Renters 50.27
Vacant 15.13

Housing Market Details

 

Age of Homes

AGE OF Vevay HOMES
2000 or Newer 6.8
1970 - 1999 34.8
1940 - 1969 25.6
1939 or Older 32.8

Types of Homes

TYPE OF Vevay HOMES
Single-Family 62.7
Townhomes 0.7
Small Apt. Buildings 20.5
Apt. Complexes 12.9
Mobile Homes 3.3
Other 0.0

Home Size

SIZE OF Vevay HOMES
No Bedroom 1.84
1 Bedroom 20.23
2 Bedrooms 27.58
3 Bedrooms 42.01
4 Bedrooms 4.53
5 or more bedrooms 3.82