Cities with the most rapidly increasing home values in Indiana
The real estate excitement driven by the COVID-19 outbreak persists, albeit at a reduced tempo. Purchasers are still vying for a restricted inventory of residences, escalating the costs for budget-friendly homes.
The average property valuation in the United States was $360,385 in October, reflecting a 2.4% rise compared to the previous year.
Rising mortgage rates have decelerated the expansion, leading to declines in some regions. However, certain locales are witnessing significant price increases compared to the previous year.
Stacker has assembled a roster of cities exhibiting the highest increases in home values in Indiana utilizing data from Zillow. Cities are assessed based on the monetary adjustment in the Zillow Home Values Index for all properties over the 12 months concluding in October 2024. The graphs presented in this article were generated automatically using Matplotlib. Information was accessible for 50 cities and towns across Indiana.
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#50. Schneider
– Average home valuation: $177,351
– 1-year price fluctuation: +$16,646 (+10.4%)
– 5-year price fluctuation: +$70,644 (+66.2%)
– Metropolitan area: Chicago-Naperville-Elgin, IL-IN-WI
#49. Lucerne
– Average home valuation: $190,669
– 1-year price fluctuation: +$16,688 (+9.6%)
– 5-year price fluctuation: +$78,761 (+70.4%)
– Metropolitan area: Logansport, IN
#48. New Ross
– Average home valuation: $248,563
– 1-year price fluctuation: +$16,706 (+7.2%)
– 5-year price fluctuation: +$88,087 (+54.9%)
– Metropolitan area: Crawfordsville, IN
#47. Bruceville
– Average home valuation: $198,960
– 1-year price fluctuation: +$16,739 (+9.2%)
– 5-year price fluctuation: +$71,197 (+55.7%)
– Metropolitan area: Vincennes, IN
#46. Pottawattamie Park
– Average home valuation: $299,789
– 1-year price fluctuation: +$16,807 (+5.9%)
– 5-year price fluctuation: +$122,978 (+69.6%)
– Metropolitan area: Michigan City-La Porte, IN
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#45. DeMotte
– Average home valuation: $286,658
– 1-year price fluctuation: +$16,853 (+6.2%)
– 5-year price fluctuation: +$99,104 (+52.8%)
– Metropolitan area: Chicago-Naperville-Elgin, IL-IN-WI
#44. Carmel
– Average home valuation: $529,730
– 1-year price fluctuation: +$16,871 (+3.3%)
– 5-year price fluctuation: +$179,505 (+51.3%)
– Metropolitan area: Indianapolis-Carmel-Anderson, IN
#43. Wolcottville
– Average home valuation: $355,910
– 1-year price fluctuation: +$16,886 (+5.0%)
– 5-year price fluctuation: +$123,145 (+52.9%)
– Metropolitan area: Kendallville, IN
#42. Paragon
– Average home valuation: $249,415
– 1-year price fluctuation: +$16,912 (+7.3%)
– 5-year price fluctuation: +$102,561 (+69.8%)
– Metropolitan area: Indianapolis-Carmel-Anderson, IN
#41. Marysville
– Average home valuation: $285,385
– 1-year price fluctuation: +$17,037 (+6.3%)
– 5-year price fluctuation: +$89,697 (+45.8%)
– Metropolitan area: Louisville/Jefferson County, KY-IN
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#40. Evanston
– Average home valuation: $262,787
– 1-year price fluctuation: +$17,059 (+6.9%)
– 5-year price fluctuation: +$99,595 (+61.0%)
– Metropolitan area: not in a metropolitan area
#39. Bringhurst
– Average home valuation: $268,262
– 1-year price fluctuation: +$17,186 (+6.8%)
– 5-year price fluctuation: +$94,327 (+54.2%)
– Metropolitan area: Lafayette-West Lafayette, IN
#38. Florence
– Average home valuation: $253,565
– 1-year price fluctuation: +$17,222 (+7.3%)
– 5-year price fluctuation: +$101,276 (+66.5%)
– Metropolitan area: not in a metropolitan area
#37. Saint Joe
– Average home valuation: $261,804
– 1-year price fluctuation: +$17,417 (+7.1%)
– 5-year price fluctuation: +$93,962 (+56.0%)
– Metropolitan area: Auburn, IN
#36. Markleville
– Average home valuation: $268,492
– 1-year price fluctuation: +$17,506 (+7.0%)
– 5-year price fluctuation: +$107,289 (+66.6%)
– Metropolitan area: Indianapolis-Carmel-Anderson, IN
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#35. Vevay
– Average home valuation: $217,425
– 1-year price fluctuation: +$17,603 (+8.8%)
– 5-year price fluctuation: +$87,817 (+67.8%)
– Metropolitan area: not in a metropolitan area
#34. Guilford
– Average home valuation: $394,973
– 1-year price fluctuation: +$17,650 (+4.7%)
– 5-year price fluctuation: +$142,983 (+56.7%)
– Metropolitan area: Cincinnati, OH-KY-IN
#33. Clarks Hill
– Average home valuation: $225,975
– 1-year price fluctuation: +$17,830 (+8.6%)
– 5-year price fluctuation: +$86,540 (+62.1%)
– Metropolitan area: Lafayette-West Lafayette, IN
#32. Urbana
– Average home valuation: $247,679
– 1-year price fluctuation: +$17,841 (+7.8%)
– 5-year price fluctuation: +$87,686 (+54.8%)
– Metropolitan area: Wabash, IN
#31. Roachdale
– Average home valuation: $238,884
– 1-year price fluctuation: +$17,879 (+8.1%)
– 5-year price fluctuation: +$95,305 (+66.4%)
– Metropolitan area: Indianapolis-Carmel-Anderson, IN
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#30. Royal Center
– Average home valuation: $178,905
– 1-year price fluctuation: +$17,935 (+11.1%)
– 5-year price fluctuation: +$78,024 (+77.3%)
– Metropolitan area: Logansport, IN
#29. Craigville
– Average home valuation: $277,614
– 1-year price fluctuation: +$18,325 (+7.1%)
– 5-year price fluctuation: +$94,708 (+51.8%)
– Metropolitan area: Bluffton, IN
#28. Markle
– Average home valuation: $263,799
– 1-year price fluctuation: +$18,388 (+7.5%)
– 5-year price fluctuation: +$97,698 (+58.8%)
– Metropolitan area: Bluffton, IN
#27. Corunna
– Average home valuation: $298,706
– 1-year price fluctuation: +$18,607 (+6.6%)
– 5-year price fluctuation: +$105,037 (+54.2%)
– Metropolitan area: Auburn, IN
#26. Wheatfield
– Average home valuation: $304,758
– 1-year price fluctuation: +$18,737 (+6.6%)
– 5-year price fluctuation: +$107,356 (+54.4%)
– Metropolitan area: Chicago-Naperville-Elgin, IL-IN-WI
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#25. Darmstadt
– Average home valuation: $326,011
– 1-year price fluctuation: +$18,942 (+6.2%)
– 5-year price fluctuation: +$108,257 (+49.7%)
– Metropolitan area: Evansville, IN-KY
#24. Brookston
– Average home valuation: $229,364
– 1-year price fluctuation: +$19,027 (+9.0%)
– 5-year price fluctuation: +$91,819 (+66.8%)
– Metropolitan area: not in a metropolitan area
#23. Needham
– Average home valuation: $358,418
– 1-year price fluctuation: +$19,035 (+5.6%)
– 5-year price fluctuation: +$140,528 (+64.5%)
– Metropolitan area: Indianapolis-Carmel-Anderson, IN
#22. Laconia
– Average home valuation: $252,105
– 1-year price fluctuation: +$19,217 (+8.3%)
– 5-year price fluctuation: +$92,495 (+58.0%)
– Metropolitan area: Louisville/Jefferson County, KY-IN
#21. Stockwell
– Average home valuation: $215,980
– 1-year price fluctuation: +$19,502 (+9.9%)
– 5-year price fluctuation: +$78,446 (+57.0%)
– Metropolitan area: Lafayette-West Lafayette, IN
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#20. Bainbridge
– Average home valuation: $266,964
– 1-year price fluctuation: +$19,605 (+7.9%)
– 5-year price fluctuation: +$107,199 (+67.1%)
– Metropolitan area: Indianapolis-Carmel-Anderson, IN
#19. Fillmore
– Average home valuation: $277,103
– 1-year price fluctuation: +$19,929 (+7.7%)
– 5-year price fluctuation: +$109,567 (+65.4%)
– Metropolitan area: Indianapolis-Carmel-Anderson, IN
#18. Uniondale
– Average home valuation: $260,611
– 1-year price fluctuation: +$20,117 (+8.4%)
– 5-year price fluctuation: +$98,013 (+60.3%)
– Metropolitan area: Bluffton, IN
#17. Rossville
– Average home valuation: $276,832
– 1-year price fluctuation: +$20,237 (+7.9%)
– 5-year price fluctuation: +$99,960 (+56.5%)
– Metropolitan area: Frankfort, IN
#16. Romney
– Average home valuation: $282,429
– 1-year price fluctuation: +$20,259 (+7.7%)
– 5-year price fluctuation: +$97,550 (+52.8%)
– Metropolitan area: Lafayette-West Lafayette, IN
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#15. Zionsville
– Average home valuation: $605,111
– 1-year price fluctuation: +$20,345 (+3.5%)
– 5-year price fluctuation: +$189,745 (+45.7%)
– Metropolitan area: Indianapolis-Carmel-Anderson, IN
#14. Patriot
– Average home valuation: $231,656
– 1-year price fluctuation: +$20,479 (+9.7%)
– 5-year price fluctuation: +$93,328 (+67.5%)
– Metropolitan area: not in a metropolitan area
#13. Hamilton
– Average home valuation: $345,902
– 1-year price fluctuation: +$20,571 (+6.3%)
– 5-year price fluctuation: +$133,370 (+62.8%)
– Metropolitan area: Angola, IN
#12. West Lafayette
– Average home valuation: $350,606
– 1-year price fluctuation: +$21,348 (+6.5%)
– 5-year price fluctuation: +$113,781 (+48.0%)
– Metropolitan area: Lafayette-West Lafayette, IN
#11. Battle Ground
– Average home valuation: $314,612
– 1-year price fluctuation: +$21,926 (+7.5%)
– 5-year price fluctuation: +$111,902 (+55.2%)
– Metropolitan area: Lafayette-West Lafayette, IN
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#10. Cutler
– Average home valuation: $290,420
– 1-year price fluctuation: +$22,332 (+8.3%)
– 5-year price fluctuation: +$107,583 (+58.8%)
– Metropolitan area: Lafayette-West Lafayette, IN
#9. Culver
– Average home valuation: $341,134
– 1-year price fluctuation: +$22,339 (+7.0%)
– 5-year price fluctuation: +$144,920 (+73.9%)
– Metropolitan area: Plymouth, IN
#8. Fair Oaks
– Average home valuation: $326,930
– 1-year price fluctuation: +$22,604 (+7.4%)
– 5-year price fluctuation: +$115,898 (+54.9%)
– Metropolitan area: Chicago-Naperville-Elgin, IL-IN-WI
#7. Russellville
– Average home valuation: $171,411
– 1-year price fluctuation: +$22,961 (+15.5%)
– 5-year price fluctuation: +$69,463 (+68.1%)
– Metropolitan area: Indianapolis-Carmel-Anderson, IN
#6. Shamrock Lakes
– Average home valuation: $227,995
– 1-year price fluctuation: +$23,270 (+11.4%)
– 5-year price fluctuation: +$92,800 (+68.6%)
– Metropolitan area: not in a metropolitan area
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#5. Shadeland
– Average home valuation: $389,288
– 1-year price fluctuation: +$24,454 (+6.7%)
– 5-year price fluctuation: +$132,418 (+51.6%)
– Metropolitan area: Lafayette-West Lafayette, IN
#4. Reelsville
– Average home valuation: $273,746
– 1-year price fluctuation: +$25,277 (+10.2%)
– 5-year price fluctuation: +$113,985 (+71.3%)
– Metropolitan area: Indianapolis-Carmel-Anderson, IN
#3. Westpoint
– Average home valuation: $339,552
– 1-year price fluctuation: +$25,346 (+8.1%)
– 5-year price fluctuation: +$117,918 (+53.2%)
– Metropolitan area: Lafayette-West Lafayette, IN
#2. Bennington
– Average home valuation: $279,277
– 1-year price fluctuation: +$27,726 (+11.0%)
– 5-year price fluctuation: +$116,632 (+71.7%)
– Metropolitan area: Cincinnati, OH-KY-IN
#1. Dune Acres
– Average home valuation: $925,596
– 1-year price fluctuation: +$32,119 (+3.6%)
– 5-year price fluctuation: +$281,294 (+43.7%)
– Metropolitan area: Chicago-Naperville-Elgin, IL-IN-WI
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By Stacker
