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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Hebron, IN Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hebron, IN Housing Market Trends

With a population of 3,740, 1,366 total housing units (homes and apartments), and a median house value of $289,108, Hebron 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 Hebron, accounting for 73.65% of the town's housing units. Other types of housing that are prevalent in Hebron include large apartment complexes or high rise apartments ( 10.54%), mobile homes or trailers ( 10.40%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.03%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hebron. Owner-occupied housing accounts for 76.35% of Hebron's homes, and 69.25% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hebron 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 Hebron built before 1939 ( 15.52%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.08%). There's also some housing in Hebron built between 2000 and later ( 4.47%).

Hebron Home Appreciation Rates

Real estate appreciation rates in Hebron's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.07% during the period.

Appreciation rates are so strong in Hebron that despite a nationwide downturn in the housing market, Hebron real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hebron appreciation rates continue to be some of the highest in America, at 8.46%, which is higher than appreciation rates in 75.17% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hebron. Hebron appreciation rates in the latest quarter were at 2.79%, which equates to an annual appreciation rate of 11.63%.

Relative to Indiana, our data show that Hebron's latest annual appreciation rate is higher than 80% of the other cities and towns in Indiana.

Average Home Values

Median Home Value

$289,108

Hebron, IN Home Prices
> $1,362,000
$1,021,001 - $1,362,000
$681,001 - $1,021,000
$545,001 - $681,000
$408,001 - $545,000
$273,001 - $408,000
$136,001 - $273,000
$68,001 - $136,000
$0 - $68,000
0.7%
0.7%
0.0%
0.0%
4.6%
4.6%
9.1%
9.1%
7.9%
7.9%
26.3%
26.3%
41.4%
41.4%
2.9%
2.9%
7.0%
7.0%
0% 100.0%
% of Homes
High

for Indiana

Average

for nation

Number of Homes And Apartments:

1,366

Hebron Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,574 / per month

Homeownership Rate

Owners
Renters
76.4%
76.4%
23.6%
23.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
0.0%
0.0%
100.0%
100.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
4.5%
4.5%
70.9%
70.9%
9.1%
9.1%
15.5%
15.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.6%
73.6%
1.4%
1.4%
4.0%
4.0%
10.5%
10.5%
10.4%
10.4%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
7.2%
7.2%
23.5%
23.5%
55.4%
55.4%
13.8%
13.8%
0.0%
0.0%
0% 100.0%
% of Homes