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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Vevay, IN Real Estate Market

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 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Vevay, IN Housing Market Trends

With a population of 1,777, 807 total housing units (homes and apartments), and a median house value of $183,327, 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 60.76% 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 ( 18.88%), large apartment complexes or high rise apartments ( 17.62%), and a few mobile homes or trailers ( 1.37%).

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 ( 27.69%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.57%). There's also some housing in Vevay built between 2000 and later ( 13.39%).

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 4.99%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Vevay's appreciation rate, at 5.00%, has been at or slightly above the national average. In the latest quarter, Vevay's appreciation rate has been -1.49%, which annualizes to a rate of -5.81%.

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 higher than 50% of the other cities and towns in Indiana.

Average Home Values

Median Home Value

$183,327

Vevay, IN Home Prices
> $1,312,000
$983,001 - $1,312,000
$656,001 - $983,000
$525,001 - $656,000
$393,001 - $525,000
$263,001 - $393,000
$131,001 - $263,000
$66,001 - $131,000
$0 - $66,000
0.0%
0.0%
0.0%
0.0%
3.6%
3.6%
4.7%
4.7%
1.4%
1.4%
20.0%
20.0%
45.4%
45.4%
21.4%
21.4%
3.5%
3.5%
0% 100.0%
% of Homes
Low

for Indiana

Low

for nation

Number of Homes And Apartments:

807

Vevay Appreciation Rates

Rent & Ownership

Average Market Rent:

$957 / per month

Homeownership Rate

Owners
Renters
45.9%
45.9%
54.1%
54.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.7%
7.7%
92.3%
92.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.4%
13.4%
35.4%
35.4%
23.6%
23.6%
27.7%
27.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
60.8%
60.8%
1.4%
1.4%
18.9%
18.9%
17.6%
17.6%
1.4%
1.4%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.3%
2.3%
24.5%
24.5%
31.9%
31.9%
30.3%
30.3%
8.6%
8.6%
2.4%
2.4%
0% 100.0%
% of Homes

Popular Neighborhoods in Vevay

Zip Codes in Vevay, IN