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 34,526, 12,119 total housing units (homes and apartments), and a median house value of $354,483, Crown Point real estate is some of the most expensive in Indiana, although Crown Point home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Crown Point, accounting for 70.24% of the city's housing units. Other types of housing that are prevalent in Crown Point include row houses and other attached homes ( 15.15%), large apartment complexes or high rise apartments ( 8.47%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.83%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Crown Point. Owner-occupied housing accounts for 82.50% of Crown Point's homes, and 67.81% have either three or four bedrooms, which is average sized relative to America.
Crown Point homes and real estate are some of the newest in America. 40.27% of Crown Point's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Crown Point real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 33.59%), and between 1940-1969 ( 19.63%). There's also some housing in Crown Point built before 1939 ( 6.51%).
Real estate appreciation rates in Crown Point's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.93% during the period.
NeighborhoodScout's data show that during the latest twelve months, Crown Point's appreciation rate, at 7.64%, has been at or slightly above the national average. In the latest quarter, Crown Point's appreciation rate has been 2.79%, which annualizes to a rate of 11.63%.
Relative to Indiana, our data show that Crown Point's latest annual appreciation rate is higher than 70% of the other cities and towns in Indiana.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Crown Point differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Crown Point - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Crown Point real estate investment or home purchase decisions.
$354,483
for Indiana
for nation
12,119
$1,980 / per month