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 17,023 people, 6,928 houses or apartments, and a median cost of homes of $171,920, house prices in Huntington are solidly below the national average.
Single-family detached homes are the single most common housing type in Huntington, accounting for 76.54% of the city's housing units. Other types of housing that are prevalent in Huntington include duplexes, homes converted to apartments or other small apartment buildings ( 9.59%), large apartment complexes or high rise apartments ( 9.28%), and a few row houses and other attached homes ( 2.57%).
The most prevalent building size and type in Huntington are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.23% owning and 41.77% renting.
The housing in Huntington was primarily built before 1939 ( 44.79%), making the housing stock in Huntington some of the oldest overall in America, although there is a range of ages of homes in Huntington. The next most important housing age is between 1970-1999 ( 22.66%), followed by between 1940-1969 ( 20.76%). There's also some housing in Huntington built between 2000 and later ( 11.80%).
Real estate appreciation rates in Huntington's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.35% during the period.
NeighborhoodScout's data show that during the latest twelve months, Huntington's appreciation rate, at 5.63%, has been at or slightly above the national average. In the latest quarter, Huntington's appreciation rate has been 1.91%, which annualizes to a rate of 7.88%.
Relative to Indiana, our data show that Huntington's latest annual appreciation rate is lower than 50% 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 Huntington differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Huntington - 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 Huntington real estate investment or home purchase decisions.
$171,920
for Indiana
for nation
6,928
$1,057 / per month