Zionsville, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Zionsville Neighborhoods Since 2000




Zionsville, 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

Zionsville Housing Market Information

With 26,296 people, 8,931 houses or apartments, and a median cost of homes of $367,437, Zionsville house prices are not only among the most expensive in Indiana, Zionsville real estate also is some of the most expensive in all of America.

Zionsville is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Zionsville than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Zionsville. Owner-occupied housing accounts for 79.14% of Zionsville's homes, and 65.13% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Zionsville 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 Zionsville built between 2000 and later ( 40.30%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.19%). There's also some housing in Zionsville built before 1939 ( 6.15%).

Zionsville Home Appreciation Rates

Appreciation rates for homes in Zionsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.73%, which ranks in the top 30% nationwide. This equates to an annual average Zionsville house appreciation rate of 1.12%.

NeighborhoodScout's data show that during the latest twelve months, Zionsville's appreciation rate, at 3.81%, has been at or slightly above the national average. In the latest quarter, Zionsville's appreciation rate has been -0.60%, which annualizes to a rate of -2.40%.

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

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

Average Home Values

 

Median Home Value:
$367,437

Zionsville, IN HOME PRICES

Value Range
> $1,144,000 2.8
$858,001 - $1,144,000 3.8
$572,001 - $858,000 11.0
$457,001 - $572,000 12.2
$343,001 - $457,000 25.4
$229,001 - $343,000 21.0
$114,001 - $229,000 19.6
$57,001 - $114,000 1.8
$0 - $57,000 2.4

Very High for IN
Very High for Nation

Value Relative to Nation Value Relative to State
11.0453533341146 0.678733031674208

Number Of Homes And Apartments:
8,931

Zionsville 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
42.26% 2.06% 10 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,424 / per month

Homeownership Rate

Homeownership
Owners 79.14
Renters 20.86
Vacant 5.20

Housing Market Details

 

Age of Homes

AGE OF Zionsville HOMES
2000 or Newer 40.3
1970 - 1999 43.4
1940 - 1969 10.2
1939 or Older 6.1

Types of Homes

TYPE OF Zionsville HOMES
Single-Family 78.9
Townhomes 6.0
Small Apt. Buildings 3.1
Apt. Complexes 10.5
Mobile Homes 1.6
Other 0.0

Home Size

SIZE OF Zionsville HOMES
No Bedroom 0.52
1 Bedroom 7.78
2 Bedrooms 10.89
3 Bedrooms 28.78
4 Bedrooms 36.35
5 or more bedrooms 15.68