Zionsville, IN


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 Q2 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 a population of 26,296, 8,931 total housing units (homes and apartments), and a median house value of $387,313, 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

In the last 10 years, Zionsville has experienced some of the highest home appreciation rates of any community in the nation. Zionsville real estate appreciated 17.90% over the last ten years, which is an average annual home appreciation rate of 1.66%, putting Zionsville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Zionsville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Zionsville that despite a nationwide downturn in the housing market, Zionsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Zionsville appreciation rates continue to be some of the highest in America, at 7.64%, which is higher than appreciation rates in 80.27% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Zionsville. Zionsville appreciation rates in the latest quarter were at 4.94%, which equates to an annual appreciation rate of 21.27%.

Importantly, NeighborhoodScout’s exclusive research found that Zionsville's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

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

Average Home Values


Median Home Value:

Zionsville, IN HOME PRICES

Value Range
> $1,206,000 2.8
$904,001 - $1,206,000 3.8
$603,001 - $904,000 11.0
$482,001 - $603,000 12.2
$362,001 - $482,000 25.4
$241,001 - $362,000 21.0
$120,001 - $241,000 19.6
$60,001 - $120,000 1.8
$0 - $60,000 2.4

Very High for IN
Very High for Nation

Value Relative to Nation Value Relative to State
10.5099830200831 0.678733031674208

Number Of Homes And Apartments:

Zionsville Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
49.94% 2.34% 10 6
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,505 / per month

Homeownership Rate

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