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 2,063 people, 939 houses or apartments, and a median cost of homes of $339,058, Fremont real estate is some of the most expensive in Indiana, although Fremont home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Fremont, accounting for 76.21% of the town's housing units. Other types of housing that are prevalent in Fremont include mobile homes or trailers ( 14.26%), duplexes, homes converted to apartments or other small apartment buildings ( 4.31%), and a few row houses and other attached homes ( 2.97%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fremont. Owner-occupied housing accounts for 77.96% of Fremont's homes, and 73.33% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Fremont 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 Fremont built between 2000 and later ( 32.00%). A lesser amount of the housing stock also hails from before 1939 ( 22.87%). There's also some housing in Fremont built between 1940-1969 ( 9.64%).
In the last 10 years, Fremont has experienced some of the highest home appreciation rates of any community in the nation. Fremont real estate appreciated 128.19% over the last ten years, which is an average annual home appreciation rate of 8.60%, putting Fremont in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fremont definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Fremont that despite a nationwide downturn in the housing market, Fremont real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fremont appreciation rates continue to be some of the highest in America, at 10.55%, which is higher than appreciation rates in 97.38% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fremont. Fremont appreciation rates in the latest quarter were at 2.25%, which equates to an annual appreciation rate of 9.32%.
Importantly, this makes Fremont one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Indiana, our data show that Fremont's latest annual appreciation rate is higher than 90% of the other cities and towns in Indiana.
$339,058
for Indiana
for nation
939
$1,627 / per month