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 176 people, 81 houses or apartments, and a median cost of homes of $267,993, Poneto real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Poneto, accounting for 100.00% of the town's housing units.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Poneto. Owner-occupied housing accounts for 80.25% of Poneto's homes, and 75.31% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Poneto 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 Poneto built before 1939 ( 33.33%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.75%). There's also some housing in Poneto built between 2000 and later ( 12.35%).
Appreciation rates for homes in Poneto have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 94.79%, which ranks in the top 50% nationwide. This equates to an annual average Poneto house appreciation rate of 6.89%.
Appreciation rates are so strong in Poneto that despite a nationwide downturn in the housing market, Poneto real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Poneto appreciation rates continue to be some of the highest in America, at 5.37%, which is higher than appreciation rates in 70.35% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Poneto. Poneto appreciation rates in the latest quarter were at 1.39%, which equates to an annual appreciation rate of 5.69%.
Importantly, this makes Poneto one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Indiana, our data show that Poneto's latest annual appreciation rate is higher than 60% of the other cities and towns in Indiana.
$267,993
for Indiana
for nation
81
$1,015 / per month