Appreciation Velocity — Indiana Cities
Cities of Indiana ranked by 1Y / 3Y / 5Y home-price appreciation.
Public Record
Top 10 — 5Y appreciation (Citys)
#1 · Sweetser, IN
+4,900.0%
#2 · Bicknell, IN
+4,104.0%
#3 · Bruceville, IN
+1,453.9%
#4 · Westville, IN
+1,193.6%
#5 · North Liberty, IN
+537.2%
#6 · French Lick, IN
+472.7%
#7 · Reelsville, IN
+429.2%
#8 · Hamilton, IN
+425.2%
#9 · Warsaw, IN
+424.7%
#10 · Bluffton, IN
+324.9%
City ranking — 5Y appreciation (highest first)
| # | City | State | 1Y | 3Y | 5Y | 10Y | Current median |
|---|---|---|---|---|---|---|---|
| 1 | Sweetser, IN | IN | +250.4% | — | +4,900.0% | +310.6% | $350K |
| 2 | Bicknell, IN | IN | +924.6% | +4,450.0% | +4,104.0% | +2,091.9% | $2.33M |
| 3 | Bruceville, IN | IN | +1,041.7% | — | +1,453.9% | +750.4% | $1.26M |
| 4 | Westville, IN | IN | +89.2% | +39.0% | +1,193.6% | +124.9% | $380K |
| 5 | North Liberty, IN | IN | -40.2% | -51.5% | +537.2% | — | $160K |
| 6 | French Lick, IN | IN | +180.0% | — | +472.7% | +2,900.0% | $630K |
| 7 | Reelsville, IN | IN | +190.6% | +188.4% | +429.2% | +314.5% | $770K |
| 8 | Hamilton, IN | IN | +47.5% | +260.1% | +425.2% | +589.8% | $900.3K |
| 9 | Warsaw, IN | IN | +206.9% | +272.3% | +424.7% | +460.5% | $968.4K |
| 10 | Bluffton, IN | IN | +224.6% | +90.6% | +324.9% | +942.7% | $603K |
| 11 | Oakland City, IN | IN | +48.9% | +121.4% | +305.0% | +111.9% | $259K |
| 12 | Washington, IN | IN | -26.1% | — | +274.5% | +19.0% | $175K |
| 13 | Covington, IN | IN | +267.4% | +100.9% | +271.9% | +749.2% | $731.3K |
| 14 | Portland, IN | IN | -27.4% | +43.0% | +263.2% | -24.8% | $138K |
| 15 | Rensselaer, IN | IN | +106.0% | +128.0% | +212.0% | +102.8% | $357.1K |
| 16 | Knightstown, IN | IN | -17.4% | — | +207.9% | — | $360K |
| 17 | Wheatfield, IN | IN | -17.5% | +80.1% | +194.2% | +87.0% | $261.5K |
| 18 | Tipton, IN | IN | -30.7% | +21.1% | +191.0% | +10.9% | $154.7K |
| 19 | Centerville, IN | IN | +74.4% | +25.5% | +181.0% | +82.0% | $331.4K |
| 20 | Shirley, IN | IN | -19.2% | — | +173.6% | +162.5% | $191.5K |
| 21 | Linden, IN | IN | +28.3% | +9.1% | +172.5% | — | $218K |
| 22 | Osceola, IN | IN | +55.0% | +117.3% | +172.0% | +318.7% | $650K |
| 23 | Grandview, IN | IN | — | — | +168.3% | — | $214.6K |
| 24 | Arcadia, IN | IN | -9.2% | -36.0% | +166.1% | +219.6% | $324.9K |
| 25 | Cambridge City, IN | IN | -19.7% | +19.2% | +157.7% | — | $205.7K |
| 26 | Dunkirk, IN | IN | +22.5% | +21.2% | +155.8% | +142.2% | $200K |
| 27 | Kewanna, IN | IN | +42.9% | +78.7% | +147.4% | — | $250K |
| 28 | Rossville, IN | IN | -7.0% | +14.4% | +143.2% | +27.2% | $257.5K |
| 29 | Zionsville, IN | IN | +28.5% | -24.5% | +141.8% | +127.6% | $1.08M |
| 30 | Greentown, IN | IN | +88.3% | +154.5% | +139.5% | +376.5% | $324.5K |
| 31 | Williamsport, IN | IN | -29.2% | +77.4% | +135.1% | +64.1% | $230K |
| 32 | Winfield, IN | IN | -25.2% | -16.1% | +135.0% | +15.1% | $348K |
| 33 | Whiting, IN | IN | +0.5% | +20.2% | +133.3% | +236.4% | $272.3K |
| 34 | Orleans, IN | IN | +13.7% | — | +131.8% | +190.0% | $255K |
| 35 | Culver, IN | IN | +76.7% | +77.8% | +128.1% | +217.7% | $440K |
| 36 | Franklin, IN | IN | +8.1% | +49.1% | +127.3% | +213.6% | $407.8K |
| 37 | Huntertown, IN | IN | +0.6% | +6.3% | +127.1% | +155.4% | $516.8K |
| 38 | Berne, IN | IN | +20.1% | +11.2% | +127.1% | +209.0% | $272.5K |
| 39 | Hanover, IN | IN | +82.5% | +1,269.6% | +125.4% | +11.3% | $315K |
| 40 | Union City, IN | IN | +39.2% | +142.9% | +119.0% | +376.2% | $200K |
| 41 | Logansport, IN | IN | -23.9% | +67.6% | +118.7% | +96.1% | $203.5K |
| 42 | Fortville, IN | IN | +25.0% | — | +114.4% | +331.3% | $478.8K |
| 43 | Hudson, IN | IN | -9.5% | +20.2% | +113.8% | +232.3% | $218.8K |
| 44 | Syracuse, IN | IN | -53.0% | +217.5% | +112.8% | +158.8% | $780K |
| 45 | Plymouth, IN | IN | +39.9% | +17.5% | +106.5% | +82.9% | $306.9K |
| 46 | Topeka, IN | IN | -22.2% | +62.3% | +106.3% | — | $260K |
| 47 | La Porte, IN | IN | -33.3% | +20.8% | +105.2% | +38.8% | $256.9K |
| 48 | Hardinsburg, IN | IN | +900.0% | +344.4% | +104.3% | — | $400K |
| 49 | Frankton, IN | IN | +110.7% | — | +102.0% | +55.1% | $305K |
| 50 | Lebanon, IN | IN | -4.6% | -28.4% | +101.6% | +110.0% | $298.5K |
| 51 | Carmel, IN | IN | +16.8% | +74.4% | +101.5% | +173.1% | $815.1K |
| 52 | Rockville, IN | IN | +43.2% | +105.1% | +99.7% | +161.3% | $260.7K |
| 53 | Rushville, IN | IN | -35.6% | -17.0% | +96.8% | +59.7% | $171.6K |
| 54 | Scottsburg, IN | IN | +34.1% | +114.8% | +94.7% | +171.4% | $282K |
| 55 | Chandler, IN | IN | -25.3% | -73.2% | +94.4% | +64.0% | $192K |
| 56 | Corydon, IN | IN | +61.8% | -38.7% | +94.2% | +208.1% | $425K |
| 57 | Terre Haute, IN | IN | +18.7% | +42.7% | +94.0% | +57.7% | $275.2K |
| 58 | Munster, IN | IN | +1.9% | +26.2% | +93.9% | +99.3% | $374K |
| 59 | East Chicago, IN | IN | +12.1% | +159.0% | +92.5% | +1,014.3% | $234K |
| 60 | Marion, IN | IN | -22.2% | — | +92.2% | +81.6% | $216.6K |
| 61 | Albion, IN | IN | +5.9% | +192.6% | +90.1% | +104.2% | $340.5K |
| 62 | New Harmony, IN | IN | +79.5% | -22.4% | +90.0% | — | $295K |
| 63 | Lowell, IN | IN | -19.4% | +9.3% | +88.9% | +219.8% | $331.3K |
| 64 | Wilkinson, IN | IN | +30.7% | — | +88.9% | +144.6% | $340K |
| 65 | Windfall, IN | IN | -0.1% | +219.8% | +88.1% | — | $159.9K |
| 66 | Danville, IN | IN | -27.7% | -60.6% | +86.7% | +121.5% | $336.5K |
| 67 | Merrillville, IN | IN | -4.9% | +48.1% | +86.5% | +162.2% | $295.5K |
| 68 | Schererville, IN | IN | +82.3% | +40.5% | +86.4% | +165.7% | $513.8K |
| 69 | Rising Sun, IN | IN | +21.4% | +57.4% | +84.8% | +85.0% | $339.9K |
| 70 | Winchester, IN | IN | -15.3% | +203.9% | +84.5% | +74.8% | $145.6K |
| 71 | Chesterton, IN | IN | +31.6% | +41.9% | +84.3% | +21.5% | $441.6K |
| 72 | Lanesville, IN | IN | -22.8% | -62.5% | +82.9% | — | $330.8K |
| 73 | Woodburn, IN | IN | +34.2% | +30.3% | +82.7% | +311.7% | $344.9K |
| 74 | Elwood, IN | IN | -26.7% | -26.0% | +81.8% | +10.5% | $117.3K |
| 75 | Paoli, IN | IN | -43.6% | +0.3% | +80.8% | +9.4% | $135K |
| 76 | Indianapolis, IN | IN | +10.6% | +13.7% | +80.5% | +91.1% | $322.1K |
| 77 | Dubois, IN | IN | — | — | +79.9% | +80.7% | $249.9K |
| 78 | New Washington, IN | IN | — | -40.3% | +77.4% | +475.1% | $235K |
| 79 | Worthington, IN | IN | +41.3% | +6.9% | +76.8% | — | $148.6K |
| 80 | Plainfield, IN | IN | +41.9% | +32.5% | +76.4% | +136.8% | $473.1K |
| 81 | Jasonville, IN | IN | -16.4% | +57.5% | +75.8% | -22.2% | $115K |
| 82 | Silver Lake, IN | IN | +73.0% | +135.6% | +74.9% | — | $199K |
| 83 | Columbus, IN | IN | +3.3% | +51.8% | +74.6% | +55.1% | $388.3K |
| 84 | Highland, IN | IN | -7.7% | +44.9% | +74.0% | +40.3% | $252.7K |
| 85 | Evansville, IN | IN | -16.2% | +28.3% | +73.8% | +55.4% | $253.5K |
| 86 | Poland, IN | IN | -25.1% | -62.1% | +73.5% | +23.3% | $265K |
| 87 | Remington, IN | IN | — | — | +73.3% | +62.2% | $260K |
| 88 | Greenfield, IN | IN | -10.5% | +16.1% | +72.6% | +126.9% | $336.6K |
| 89 | New Palestine, IN | IN | +9.4% | +15.1% | +72.4% | +67.2% | $416K |
| 90 | Cannelton, IN | IN | +32.5% | +20.7% | +72.0% | +538.5% | $175.6K |
| 91 | Thorntown, IN | IN | -61.7% | — | +70.2% | -29.3% | $268K |
| 92 | Pendleton, IN | IN | +13.5% | -2.9% | +69.6% | +148.9% | $382.1K |
| 93 | Spencerville, IN | IN | +27.8% | +108.4% | +67.9% | +54.7% | $495K |
| 94 | Decatur, IN | IN | -28.2% | +41.3% | +67.0% | +37.8% | $240K |
| 95 | Crown Point, IN | IN | +9.3% | +6.9% | +66.1% | +132.2% | $418.9K |
| 96 | Michigan City, IN | IN | -19.9% | +4.0% | +64.7% | +145.4% | $275.4K |
| 97 | Alexandria, IN | IN | +25.6% | +14.8% | +64.1% | +59.1% | $201K |
| 98 | Valparaiso, IN | IN | -3.4% | +18.5% | +63.8% | +80.6% | $448K |
| 99 | Wabash, IN | IN | -6.3% | +4.8% | +63.6% | +164.9% | $157.2K |
| 100 | Jamestown, IN | IN | -66.7% | — | +62.8% | +226.8% | $174.8K |
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.