Zionsville IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Zionsville Housing Market Information

With 28,357 people, 9,346 houses or apartments, and a median cost of homes of $479,087, 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 81.28% of Zionsville's homes, and 59.91% have either three or four bedrooms, which is average sized relative to America.

Zionsville homes and real estate are some of the newest in America. 47.61% of Zionsville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Zionsville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 38.57%), and between 1940-1969 ( 8.16%). There's also some housing in Zionsville built before 1939 ( 5.66%).

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 43.13%, which ranks in the top 30% nationwide. This equates to an annual average Zionsville house appreciation rate of 3.65%.

NeighborhoodScout's data show that during the latest twelve months, Zionsville's appreciation rate, at 4.31%, has been at or slightly above the national average. In the latest quarter, Zionsville's appreciation rate has been 1.71%, which annualizes to a rate of 7.03%.

Relative to Indiana, our data show that Zionsville's latest annual appreciation rate is lower than 50% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$479,087

Zionsville, IN HOME PRICES

Value Range
> $1,226,000 4.3
$920,001 - $1,226,000 3.1
$613,001 - $920,000 15.8
$490,001 - $613,000 15.5
$368,001 - $490,000 25.0
$245,001 - $368,000 22.0
$123,001 - $245,000 12.4
$61,001 - $123,000 0.5
$0 - $61,000 1.5

Very High for IN
Very High for Nation

Value Relative to Nation Value Relative to State
8.71824817518248 0.452488687782805

Number Of Homes And Apartments:
9,346

Zionsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
72.99% 2.68%
10
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,706 / per month

Homeownership Rate

Homeownership
Owners 81.28
Renters 18.72
Vacant 7.16

Housing Market Details

 

Age of Homes

AGE OF Zionsville HOMES
2000 or Newer 47.6
1970 - 1999 38.6
1940 - 1969 8.2
1939 or Older 5.7

Types of Homes

TYPE OF Zionsville HOMES
Single-Family 77.7
Townhomes 6.3
Small Apt. Buildings 2.4
Apt. Complexes 12.0
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Zionsville HOMES
No Bedroom 0.44
1 Bedroom 8.22
2 Bedrooms 13.21
3 Bedrooms 22.00
4 Bedrooms 37.91
5 or more bedrooms 18.22