Appreciation Velocity — Indiana Cities
Cities of Indiana ranked by 1Y / 3Y / 5Y home-price appreciation.
Public Record
Top 10 — 10Y appreciation (Citys)
#1 · French Lick, IN
+2,900.0%
#2 · Bicknell, IN
+2,091.9%
#3 · East Chicago, IN
+1,014.3%
#4 · Bluffton, IN
+942.7%
#5 · Bruceville, IN
+750.4%
#6 · Covington, IN
+749.2%
#7 · Hamilton, IN
+589.8%
#8 · Austin, IN
+560.9%
#9 · Cannelton, IN
+538.5%
#10 · New Washington, IN
+475.1%
City ranking — 10Y appreciation (highest first)
| # | City | State | 1Y | 3Y | 5Y | 10Y | Current median |
|---|---|---|---|---|---|---|---|
| 1 | French Lick, IN | IN | +180.0% | — | +472.7% | +2,900.0% | $630K |
| 2 | Bicknell, IN | IN | +924.6% | +4,450.0% | +4,104.0% | +2,091.9% | $2.33M |
| 3 | East Chicago, IN | IN | +12.1% | +159.0% | +92.5% | +1,014.3% | $234K |
| 4 | Bluffton, IN | IN | +224.6% | +90.6% | +324.9% | +942.7% | $603K |
| 5 | Bruceville, IN | IN | +1,041.7% | — | +1,453.9% | +750.4% | $1.26M |
| 6 | Covington, IN | IN | +267.4% | +100.9% | +271.9% | +749.2% | $731.3K |
| 7 | Hamilton, IN | IN | +47.5% | +260.1% | +425.2% | +589.8% | $900.3K |
| 8 | Austin, IN | IN | -7.1% | -31.8% | +11.2% | +560.9% | $152K |
| 9 | Cannelton, IN | IN | +32.5% | +20.7% | +72.0% | +538.5% | $175.6K |
| 10 | New Washington, IN | IN | — | -40.3% | +77.4% | +475.1% | $235K |
| 11 | Warsaw, IN | IN | +206.9% | +272.3% | +424.7% | +460.5% | $968.4K |
| 12 | Leesburg, IN | IN | — | +51.2% | -58.1% | +429.9% | $712.8K |
| 13 | Boonville, IN | IN | +69.9% | +56.7% | +45.8% | +377.8% | $352.5K |
| 14 | Greentown, IN | IN | +88.3% | +154.5% | +139.5% | +376.5% | $324.5K |
| 15 | Union City, IN | IN | +39.2% | +142.9% | +119.0% | +376.2% | $200K |
| 16 | Fortville, IN | IN | +25.0% | — | +114.4% | +331.3% | $478.8K |
| 17 | Osceola, IN | IN | +55.0% | +117.3% | +172.0% | +318.7% | $650K |
| 18 | Reelsville, IN | IN | +190.6% | +188.4% | +429.2% | +314.5% | $770K |
| 19 | Delphi, IN | IN | +76.0% | — | +46.5% | +313.8% | $347.6K |
| 20 | Woodburn, IN | IN | +34.2% | +30.3% | +82.7% | +311.7% | $344.9K |
| 21 | Sweetser, IN | IN | +250.4% | — | +4,900.0% | +310.6% | $350K |
| 22 | Atlanta, IN | IN | +112.1% | -12.5% | -22.8% | +259.0% | $280K |
| 23 | Swayzee, IN | IN | +152.8% | — | — | +251.2% | $279.3K |
| 24 | Whiting, IN | IN | +0.5% | +20.2% | +133.3% | +236.4% | $272.3K |
| 25 | Hudson, IN | IN | -9.5% | +20.2% | +113.8% | +232.3% | $218.8K |
| 26 | Jamestown, IN | IN | -66.7% | — | +62.8% | +226.8% | $174.8K |
| 27 | Lowell, IN | IN | -19.4% | +9.3% | +88.9% | +219.8% | $331.3K |
| 28 | Arcadia, IN | IN | -9.2% | -36.0% | +166.1% | +219.6% | $324.9K |
| 29 | Hope, IN | IN | +113.9% | — | +23.6% | +218.9% | $303K |
| 30 | Culver, IN | IN | +76.7% | +77.8% | +128.1% | +217.7% | $440K |
| 31 | Franklin, IN | IN | +8.1% | +49.1% | +127.3% | +213.6% | $407.8K |
| 32 | Owensville, IN | IN | +24.0% | +248.8% | — | +210.4% | $388K |
| 33 | Berne, IN | IN | +20.1% | +11.2% | +127.1% | +209.0% | $272.5K |
| 34 | Leo, IN | IN | +13.1% | -19.2% | +60.7% | +208.9% | $511.7K |
| 35 | Corydon, IN | IN | +61.8% | -38.7% | +94.2% | +208.1% | $425K |
| 36 | Mishawaka, IN | IN | +45.4% | +49.8% | +43.6% | +196.2% | $295.2K |
| 37 | Orleans, IN | IN | +13.7% | — | +131.8% | +190.0% | $255K |
| 38 | Carmel, IN | IN | +16.8% | +74.4% | +101.5% | +173.1% | $815.1K |
| 39 | Georgetown, IN | IN | +18.7% | — | +27.4% | +172.2% | $335.3K |
| 40 | Jeffersonville, IN | IN | -24.8% | +14.1% | +8.4% | +171.6% | $295.6K |
| 41 | Scottsburg, IN | IN | +34.1% | +114.8% | +94.7% | +171.4% | $282K |
| 42 | Hebron, IN | IN | -31.1% | -28.9% | +26.5% | +170.5% | $248K |
| 43 | Schererville, IN | IN | +82.3% | +40.5% | +86.4% | +165.7% | $513.8K |
| 44 | Wabash, IN | IN | -6.3% | +4.8% | +63.6% | +164.9% | $157.2K |
| 45 | Hamlet, IN | IN | — | -19.0% | +40.6% | +163.1% | $237K |
| 46 | Edinburgh, IN | IN | -39.7% | +162.1% | +47.8% | +163.0% | $219.5K |
| 47 | Shirley, IN | IN | -19.2% | — | +173.6% | +162.5% | $191.5K |
| 48 | Merrillville, IN | IN | -4.9% | +48.1% | +86.5% | +162.2% | $295.5K |
| 49 | Rockville, IN | IN | +43.2% | +105.1% | +99.7% | +161.3% | $260.7K |
| 50 | Syracuse, IN | IN | -53.0% | +217.5% | +112.8% | +158.8% | $780K |
| 51 | Portage, IN | IN | +31.3% | +76.3% | +40.8% | +157.6% | $362.4K |
| 52 | Huntertown, IN | IN | +0.6% | +6.3% | +127.1% | +155.4% | $516.8K |
| 53 | Columbia City, IN | IN | +11.6% | +74.8% | +31.3% | +153.8% | $322.5K |
| 54 | Garrett, IN | IN | +14.9% | +59.4% | +43.3% | +151.6% | $253.8K |
| 55 | Mooresville, IN | IN | +2.9% | +5.7% | +59.6% | +151.4% | $348.8K |
| 56 | Greencastle, IN | IN | -27.9% | -4.7% | +32.4% | +149.4% | $283.2K |
| 57 | Pendleton, IN | IN | +13.5% | -2.9% | +69.6% | +148.9% | $382.1K |
| 58 | Auburn, IN | IN | -1.7% | +78.0% | +31.7% | +148.1% | $339.2K |
| 59 | Kingman, IN | IN | -51.7% | +1.6% | +8.7% | +146.7% | $136K |
| 60 | Michigan City, IN | IN | -19.9% | +4.0% | +64.7% | +145.4% | $275.4K |
| 61 | Fillmore, IN | IN | +1.7% | -12.6% | +54.1% | +145.4% | $261.2K |
| 62 | Wilkinson, IN | IN | +30.7% | — | +88.9% | +144.6% | $340K |
| 63 | Saint John, IN | IN | -13.5% | +11.4% | +20.9% | +143.6% | $536.1K |
| 64 | Dunkirk, IN | IN | +22.5% | +21.2% | +155.8% | +142.2% | $200K |
| 65 | Cedar Lake, IN | IN | -2.2% | +43.5% | +56.6% | +139.1% | $375.5K |
| 66 | Spencer, IN | IN | +33.5% | +27.8% | +55.0% | +139.0% | $325K |
| 67 | Plainfield, IN | IN | +41.9% | +32.5% | +76.4% | +136.8% | $473.1K |
| 68 | Monrovia, IN | IN | -23.7% | -2.6% | +3.3% | +136.6% | $318.5K |
| 69 | Charlestown, IN | IN | +24.4% | +75.5% | +28.1% | +136.6% | $385.9K |
| 70 | Lake Station, IN | IN | -25.6% | +80.8% | +39.9% | +133.3% | $135.8K |
| 71 | Crown Point, IN | IN | +9.3% | +6.9% | +66.1% | +132.2% | $418.9K |
| 72 | Greenville, IN | IN | -4.9% | +7.9% | +46.6% | +131.5% | $305K |
| 73 | Lawrence, IN | IN | +11.1% | — | +56.3% | +128.3% | $250K |
| 74 | Zionsville, IN | IN | +28.5% | -24.5% | +141.8% | +127.6% | $1.08M |
| 75 | Bedford, IN | IN | +0.1% | +66.3% | +49.8% | +127.5% | $248.1K |
| 76 | Greenfield, IN | IN | -10.5% | +16.1% | +72.6% | +126.9% | $336.6K |
| 77 | New Whiteland, IN | IN | +8.8% | — | +41.9% | +126.7% | $293.8K |
| 78 | Westville, IN | IN | +89.2% | +39.0% | +1,193.6% | +124.9% | $380K |
| 79 | Whiteland, IN | IN | -8.7% | +32.9% | +26.7% | +124.8% | $282.4K |
| 80 | Greenwood, IN | IN | -12.2% | +61.5% | +26.1% | +124.0% | $381.3K |
| 81 | Petersburg, IN | IN | -24.9% | -41.5% | +1.6% | +121.9% | $156K |
| 82 | Danville, IN | IN | -27.7% | -60.6% | +86.7% | +121.5% | $336.5K |
| 83 | Camby, IN | IN | -2.4% | -11.8% | +45.3% | +118.2% | $276.7K |
| 84 | Goshen, IN | IN | -9.6% | +73.0% | +60.5% | +114.2% | $304.9K |
| 85 | Angola, IN | IN | +28.8% | +16.9% | +24.0% | +112.3% | $437.4K |
| 86 | Oakland City, IN | IN | +48.9% | +121.4% | +305.0% | +111.9% | $259K |
| 87 | Lebanon, IN | IN | -4.6% | -28.4% | +101.6% | +110.0% | $298.5K |
| 88 | Morgantown, IN | IN | +73.2% | -38.1% | +13.9% | +109.7% | $235K |
| 89 | South Bend, IN | IN | -9.4% | +35.3% | +51.9% | +104.8% | $232.8K |
| 90 | Albion, IN | IN | +5.9% | +192.6% | +90.1% | +104.2% | $340.5K |
| 91 | Kokomo, IN | IN | +23.9% | +84.5% | +34.8% | +104.0% | $216.9K |
| 92 | Rensselaer, IN | IN | +106.0% | +128.0% | +212.0% | +102.8% | $357.1K |
| 93 | Winona Lake, IN | IN | -0.6% | +40.7% | -6.8% | +102.2% | $310K |
| 94 | Granger, IN | IN | -32.6% | +64.2% | +52.9% | +100.4% | $456.4K |
| 95 | Munster, IN | IN | +1.9% | +26.2% | +93.9% | +99.3% | $374K |
| 96 | Avilla, IN | IN | +8.7% | +31.0% | +17.9% | +99.3% | $228.3K |
| 97 | Madison, IN | IN | -21.2% | — | +45.7% | +98.3% | $219K |
| 98 | North Webster, IN | IN | -39.8% | — | +52.7% | +97.0% | $210K |
| 99 | Avon, IN | IN | -11.5% | -9.8% | +32.4% | +96.4% | $358.9K |
| 100 | Middletown, IN | IN | -31.1% | — | +15.2% | +96.2% | $225K |
How to read these numbers
Velocity vs. level
A market with 25% one-year appreciation is moving fast — but a market with steady 6% over ten years has compounded much further. Use 10Y as the long-run signal, 1Y as the momentum signal.
Mean-reversion risk
Markets that posted huge 1Y and 3Y gains often cool over the next cycle. Compare 1Y to 5Y: if 1Y is far above 5Y, the trend is accelerating; if far below, it is decelerating — often the more important signal.
Sample sanity
We require a minimum current median price (default $50K) to filter out tiny ZIPs with noisy data. Raise that threshold for serious investment markets; lower it to find emerging niches. Source: public record.