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 16,479, 6,675 total housing units (homes and apartments), and a median house value of $189,292, house prices in Crawfordsville are solidly below the national average.
Single-family detached homes are the single most common housing type in Crawfordsville, accounting for 58.41% of the city's housing units. Other types of housing that are prevalent in Crawfordsville include large apartment complexes or high rise apartments ( 16.70%), duplexes, homes converted to apartments or other small apartment buildings ( 12.99%), and a few row houses and other attached homes ( 6.28%).
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.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Crawfordsville's housing was primarily built during this period, from the '40s through the '60s. A full 33.87% of the city's housing hails from this era. Other housing ages represented in Crawfordsville include homes built between 1970-1999 ( 28.67%) and housing constructed before 1939 ( 25.85%). There's also some housing in Crawfordsville built between 2000 and later ( 11.61%).
Appreciation rates for homes in Crawfordsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.93%, which ranks in the top 50% nationwide. This equates to an annual average Crawfordsville house appreciation rate of 6.68%.
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 4.67%, 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 1.91%, which equates to an annual appreciation rate of 7.88%.
Relative to Indiana, our data show that Crawfordsville's latest annual appreciation rate is lower than 60% of the other cities and towns in Indiana.
$189,292
for Indiana
for nation
6,675
$1,104 / per month