Walkerton, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Walkerton Neighborhoods Since 2000




Walkerton, 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

Walkerton Housing Market Information

With a population of 2,264, 757 total housing units (homes and apartments), and a median house value of $132,493, house prices in Walkerton are solidly below the national average.

Single-family detached homes are the single most common housing type in Walkerton, accounting for 81.32% of the town's housing units. Other types of housing that are prevalent in Walkerton include large apartment complexes or high rise apartments ( 7.08%), duplexes, homes converted to apartments or other small apartment buildings ( 6.72%), and a few row houses and other attached homes ( 4.15%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Walkerton. Owner-occupied housing accounts for 70.79% of Walkerton's homes, and 58.12% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Walkerton's housing was primarily built during this period, from the '40s through the '60s. A full 36.14% of the town's housing hails from this era. Other housing ages represented in Walkerton include homes built before 1939 ( 32.60%) and housing constructed between 1970-1999 ( 26.86%). There's also some housing in Walkerton built between 2000 and later ( 4.40%).

Walkerton Home Appreciation Rates

Appreciation rates for homes in Walkerton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.89%, which ranks in the top 40% nationwide. This equates to an annual average Walkerton house appreciation rate of 0.48%.

Appreciation rates are so strong in Walkerton that despite a nationwide downturn in the housing market, Walkerton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Walkerton appreciation rates continue to be some of the highest in America, at 13.89%, which is higher than appreciation rates in 99.00% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Walkerton. Walkerton appreciation rates in the latest quarter were at 1.40%, which equates to an annual appreciation rate of 5.73%.

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

Average Home Values

 

Median Home Value:
$132,493

Walkerton, IN HOME PRICES

Value Range
> $1,190,000 0.0
$892,001 - $1,190,000 0.0
$595,001 - $892,000 0.0
$476,001 - $595,000 0.0
$357,001 - $476,000 5.4
$238,001 - $357,000 2.6
$119,001 - $238,000 48.6
$60,001 - $119,000 33.9
$0 - $60,000 9.5

Average for IN
Average for Nation

Value Relative to Nation Value Relative to State
58.4905660377358 42.3076923076923

Number Of Homes And Apartments:
757

Walkerton 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
38.68% 1.91% 10 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$857 / per month

Homeownership Rate

Homeownership
Owners 70.79
Renters 29.21
Vacant 7.57

Housing Market Details

 

Age of Homes

AGE OF Walkerton HOMES
2000 or Newer 4.4
1970 - 1999 26.9
1940 - 1969 36.1
1939 or Older 32.6

Types of Homes

TYPE OF Walkerton HOMES
Single-Family 81.3
Townhomes 4.2
Small Apt. Buildings 6.7
Apt. Complexes 7.1
Mobile Homes 0.7
Other 0.0

Home Size

SIZE OF Walkerton HOMES
No Bedroom 1.10
1 Bedroom 4.88
2 Bedrooms 30.89
3 Bedrooms 43.96
4 Bedrooms 14.16
5 or more bedrooms 5.01