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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 16,594, 6,782 total housing units (homes and apartments), and a median house value of $146,729, house prices in Crawfordsville are some of the most affordable in Indiana as well as the nation.
Single-family detached homes are the single most common housing type in Crawfordsville, accounting for 59.51% of the city's housing units. Other types of housing that are prevalent in Crawfordsville include large apartment complexes or high rise apartments ( 16.59%), duplexes, homes converted to apartments or other small apartment buildings ( 11.68%), and a few mobile homes or trailers ( 7.74%).
People in Crawfordsville primarily live in small (one, two or no bedroom) single-family detached homes. Crawfordsville has a mixture of owner-occupied and renter-occupied housing.
The housing in Crawfordsville was primarily built before 1939 ( 29.86%), making the housing stock in Crawfordsville some of the oldest overall in America, although there is a range of ages of homes in Crawfordsville. The next most important housing age is between 1970-1999 ( 29.44%), followed by between 1940-1969 ( 27.95%). There's also some housing in Crawfordsville built between 2000 and later ( 12.74%).
Real estate appreciation rates in Crawfordsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.37% during the period.
Over the last year, Crawfordsville appreciation rates have trailed the rest of the nation. In the last twelve months, Crawfordsville's appreciation rate has been 1.94%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Crawfordsville were at 1.45%, which equates to an annual appreciation rate of 5.93%.
Importantly, this makes Crawfordsville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Indiana, our data show that Crawfordsville's latest annual appreciation rate is lower than 80% of the other cities and towns in Indiana.
$146,729
for Indiana
for nation
6,782
$1,212 / per month