Indiana
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Indiana Real Estate Market & Appreciation

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$198,288

Number Of Homes And Apartments:
2,602,770

Indiana Home Prices

> $1,353,155
0.5%
0.5%
$1,014,721 - $1,353,155
0.7%
0.7%
$676,474 - $1,014,720
2.3%
2.3%
$541,335 - $676,473
2.8%
2.8%
$405,826 - $541,334
7.0%
7.0%
$270,646 - $405,825
16.4%
16.4%
$135,323 - $270,645
39.5%
39.5%
$67,642 - $135,322
22.4%
22.4%
$0 - $67,641
8.5%
8.5%
0.0% 100.0%
% OF HOMES

Indiana Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q3 - 2021 Q4
3.17% 13.28%
6
Last 12 Months:
2020 Q4 - 2021 Q4
16.92% 16.92%
6
Last 2 Years:
2019 Q4 - 2021 Q4
25.14% 11.86%
6
Last 5 Years:
2016 Q4 - 2021 Q4
47.28% 8.05%
7
Last 10 Years:
2011 Q4 - 2021 Q4
64.37% 5.09%
6
Since 2000:
2000 Q1 - 2021 Q4
93.04% 3.07%
2
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,144 / per month

Homeownership Rate

Owners
67.5%
67.5%
Renters
32.5%
32.5%
Vacant
10.4%
10.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
17.2%
17.2%
1970 - 1999
38.4%
38.4%
1940 - 1969
27.7%
27.7%
1939 or Older
16.8%
16.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
73.1%
73.1%
Townhomes
3.7%
3.7%
Small Apt. Buildings
5.9%
5.9%
Apt. Complexes
12.6%
12.6%
Mobile Homes
4.7%
4.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.5%
1.5%
1 Bedroom
9.0%
9.0%
2 Bedrooms
25.5%
25.5%
3 Bedrooms
43.8%
43.8%
4 Bedrooms
16.3%
16.3%
5 or more bedrooms
3.9%
3.9%
0.0% 100.0%
% OF HOMES