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 12,585, 4,239 total housing units (homes and apartments), and a median house value of $502,032, Floyds Knobs real estate is some of the most expensive in Indiana, although Floyds Knobs home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Floyds Knobs, accounting for 95.16% of the town's housing units. Other types of housing that are prevalent in Floyds Knobs include mobile homes or trailers ( 1.79%), row houses and other attached homes ( 1.65%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.05%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Floyds Knobs. Owner-occupied housing accounts for 94.37% of Floyds Knobs's homes, and 81.67% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Floyds Knobs 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 Floyds Knobs built between 2000 and later ( 30.05%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.17%). There's also some housing in Floyds Knobs built before 1939 ( 4.61%).
Vacant housing appears to be an issue in Floyds Knobs. Fully 10.62% of the housing stock is classified as vacant. Left unchecked, vacant Floyds Knobs homes and apartments can be a drag on the real estate market, holding Floyds Knobs real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Floyds Knobs's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Floyds Knobs during the period has been just 5.98%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Floyds Knobs's appreciation rate, at 7.27%, has been at or slightly above the national average. In the latest quarter, Floyds Knobs's appreciation rate has been 2.44%, which annualizes to a rate of 10.12%.
Relative to Indiana, our data show that Floyds Knobs's latest annual appreciation rate is lower than 70% of the other cities and towns in Indiana.
$502,032
for Indiana
for nation
4,239
$1,976 / per month