Appreciation Velocity — Indiana Cities
Cities of Indiana ranked by 1Y / 3Y / 5Y home-price appreciation.
Public Record
Top 10 — 5Y appreciation (Zips)
#1 · ZIP 47512
+2,724.8%
#2 · ZIP 46580
+1,180.0%
#3 · ZIP 47227
+824.3%
#4 · ZIP 47516
+707.6%
#5 · ZIP 47432
+647.5%
#6 · ZIP 46171
+329.4%
#7 · ZIP 47932
+297.7%
#8 · ZIP 45335
+281.3%
#9 · ZIP 46816
+273.8%
#10 · ZIP 46714
+265.1%
Zip ranking — 5Y appreciation (highest first)
| # | Zip | State | 1Y | 3Y | 5Y | 10Y | Current median |
|---|---|---|---|---|---|---|---|
| 1 | ZIP 47512 | IN | +924.6% | +3,137.4% | +2,724.8% | +2,091.9% | $2.33M |
| 2 | ZIP 46580 | IN | +647.7% | +773.3% | +1,180.0% | +1,165.0% | $1.92M |
| 3 | ZIP 47227 | IN | — | +174.2% | +824.3% | — | $369.7K |
| 4 | ZIP 47516 | IN | +1,041.7% | +538.3% | +707.6% | +750.4% | $1.26M |
| 5 | ZIP 47432 | IN | +180.0% | +282.6% | +647.5% | +2,763.6% | $630K |
| 6 | ZIP 46171 | IN | +190.6% | +263.6% | +329.4% | +314.5% | $770K |
| 7 | ZIP 47932 | IN | +267.4% | +187.1% | +297.7% | +749.2% | $731.3K |
| 8 | ZIP 45335 | IN | +125.9% | +107.9% | +281.3% | +511.3% | $687K |
| 9 | ZIP 46816 | IN | +11.8% | +16.8% | +273.8% | — | $206.7K |
| 10 | ZIP 46714 | IN | +224.6% | +132.5% | +265.1% | +392.6% | $603K |
| 11 | ZIP 47665 | IN | +24.0% | +174.3% | +262.1% | +338.1% | $388K |
| 12 | ZIP 46742 | IN | +47.5% | +110.2% | +260.9% | +746.6% | $900.3K |
| 13 | ZIP 47371 | IN | -27.4% | -6.5% | +258.4% | -24.8% | $138K |
| 14 | ZIP 47336 | IN | +22.5% | +166.4% | +245.0% | +160.2% | $200K |
| 15 | ZIP 46637 | IN | +92.2% | +130.4% | +227.3% | +237.3% | $812.8K |
| 16 | ZIP 47713 | IN | +295.5% | +213.4% | +220.8% | +573.2% | $336.2K |
| 17 | ZIP 47615 | IN | — | +23.7% | +214.1% | — | $214.6K |
| 18 | ZIP 47955 | IN | +28.3% | +9.1% | +211.4% | — | $218K |
| 19 | ZIP 46148 | IN | -17.4% | +26.0% | +207.1% | -8.0% | $360K |
| 20 | ZIP 46408 | IN | +94.8% | +69.3% | +201.9% | +204.8% | $205K |
| 21 | ZIP 46616 | IN | -5.4% | +137.3% | +193.9% | +721.9% | $300K |
| 22 | ZIP 47978 | IN | +106.0% | +92.3% | +190.9% | +93.0% | $357.1K |
| 23 | ZIP 47330 | IN | +74.4% | +94.2% | +179.6% | +69.9% | $331.4K |
| 24 | ZIP 46902 | IN | +116.4% | +113.6% | +174.0% | +249.8% | $364.4K |
| 25 | ZIP 46392 | IN | -17.5% | +16.0% | +171.4% | +94.3% | $261.5K |
| 26 | ZIP 47804 | IN | +69.9% | +68.7% | +167.7% | +102.5% | $195.9K |
| 27 | ZIP 46406 | IN | +81.4% | -1.5% | +166.0% | +1,007.7% | $121.8K |
| 28 | ZIP 46825 | IN | +59.7% | +104.1% | +162.8% | +215.3% | $445K |
| 29 | ZIP 47327 | IN | -10.6% | +3.5% | +162.6% | +367.5% | $205.7K |
| 30 | ZIP 46561 | IN | +55.0% | +85.0% | +161.4% | +325.9% | $650K |
| 31 | ZIP 47631 | IN | +79.5% | -22.4% | +156.2% | — | $295K |
| 32 | ZIP 47394 | IN | -15.3% | -34.2% | +154.8% | +74.8% | $145.6K |
| 33 | ZIP 46240 | IN | +127.5% | +40.9% | +152.0% | +337.8% | $969.4K |
| 34 | ZIP 46701 | IN | +5.9% | +104.7% | +147.5% | +155.9% | $340.5K |
| 35 | ZIP 46208 | IN | +5.7% | -6.4% | +146.7% | +89.0% | $291.5K |
| 36 | ZIP 46077 | IN | +28.5% | +30.8% | +142.7% | +128.5% | $1.08M |
| 37 | ZIP 47712 | IN | -27.9% | -12.0% | +142.5% | +61.1% | $176.8K |
| 38 | ZIP 46312 | IN | +12.1% | +57.5% | +141.7% | +1,290.1% | $234K |
| 39 | ZIP 46987 | IN | +250.4% | +189.7% | +139.7% | +310.6% | $350K |
| 40 | ZIP 47904 | IN | +9.8% | +13.6% | +137.5% | +261.5% | $236K |
| 41 | ZIP 46385 | IN | +20.7% | +64.9% | +136.3% | +203.1% | $574.9K |
| 42 | ZIP 46788 | IN | +27.8% | +41.8% | +134.0% | +54.7% | $495K |
| 43 | ZIP 47564 | IN | -68.3% | -25.3% | +133.3% | — | $125.2K |
| 44 | ZIP 46952 | IN | -56.4% | +132.0% | +132.2% | +147.1% | $316.1K |
| 45 | ZIP 47715 | IN | +31.3% | +41.7% | +129.8% | +33.7% | $369.9K |
| 46 | ZIP 46391 | IN | +89.2% | +44.7% | +128.9% | +150.6% | $380K |
| 47 | ZIP 47720 | IN | +170.2% | +26.3% | +128.8% | +149.0% | $338.8K |
| 48 | ZIP 46044 | IN | +110.7% | +96.9% | +128.6% | +34.2% | $305K |
| 49 | ZIP 46814 | IN | +29.5% | -4.7% | +127.0% | +140.4% | $592K |
| 50 | ZIP 46404 | IN | -30.3% | +42.5% | +124.0% | +81.0% | $153.9K |
| 51 | ZIP 47802 | IN | +3.9% | +28.4% | +123.9% | +57.7% | $273.5K |
| 52 | ZIP 47711 | IN | +19.1% | +44.6% | +123.2% | +27.5% | $198.8K |
| 53 | ZIP 47501 | IN | -26.1% | -9.3% | +123.2% | +30.6% | $175K |
| 54 | ZIP 47243 | IN | +82.5% | +32.7% | +123.0% | +45.5% | $315K |
| 55 | ZIP 46516 | IN | +31.1% | +74.7% | +121.9% | +165.4% | $265K |
| 56 | ZIP 46260 | IN | +63.4% | -15.9% | +120.7% | +216.3% | $586.5K |
| 57 | ZIP 46819 | IN | +32.0% | +211.5% | +119.5% | +171.7% | $305.5K |
| 58 | ZIP 46511 | IN | +65.2% | -0.3% | +118.6% | +283.2% | $440K |
| 59 | ZIP 47112 | IN | +61.8% | +60.1% | +117.3% | +191.8% | $425K |
| 60 | ZIP 46056 | IN | -16.7% | +83.4% | +116.9% | +14.9% | $366.2K |
| 61 | ZIP 47302 | IN | +27.0% | +35.1% | +116.8% | +104.1% | $142.9K |
| 62 | ZIP 46131 | IN | +8.1% | +38.7% | +115.3% | +218.9% | $407.8K |
| 63 | ZIP 47993 | IN | -29.2% | -0.6% | +113.3% | +64.1% | $230K |
| 64 | ZIP 47201 | IN | +15.7% | +48.5% | +112.7% | +105.8% | $446.5K |
| 65 | ZIP 47404 | IN | +36.3% | +29.5% | +111.6% | +141.3% | $474K |
| 66 | ZIP 46567 | IN | -53.0% | +12.9% | +111.3% | +158.8% | $780K |
| 67 | ZIP 47868 | IN | -25.1% | -11.8% | +111.3% | +23.3% | $265K |
| 68 | ZIP 47872 | IN | +43.2% | +43.3% | +109.4% | +161.3% | $260.7K |
| 69 | ZIP 46747 | IN | -9.5% | -10.7% | +108.9% | +232.3% | $218.8K |
| 70 | ZIP 46748 | IN | +0.6% | +2.5% | +107.4% | +137.8% | $516.8K |
| 71 | ZIP 46939 | IN | +42.9% | +86.5% | +106.4% | +316.7% | $250K |
| 72 | ZIP 46036 | IN | -26.7% | -16.1% | +105.6% | +10.5% | $117.3K |
| 73 | ZIP 47446 | IN | -15.7% | -4.1% | +103.3% | +26.6% | $147K |
| 74 | ZIP 46818 | IN | +24.9% | +5.7% | +102.8% | +262.2% | $404.7K |
| 75 | ZIP 46703 | IN | +28.8% | +22.7% | +102.1% | +96.3% | $437.4K |
| 76 | ZIP 46218 | IN | +1.1% | +38.0% | +100.8% | +334.6% | $152.2K |
| 77 | ZIP 47125 | IN | +900.0% | +73.9% | +99.2% | — | $400K |
| 78 | ZIP 46228 | IN | +6.6% | +19.4% | +98.1% | +43.4% | $349.4K |
| 79 | ZIP 46410 | IN | -4.9% | +45.9% | +97.9% | +161.7% | $295.5K |
| 80 | ZIP 46806 | IN | +9.6% | +44.1% | +97.5% | +95.4% | $132K |
| 81 | ZIP 46936 | IN | +88.3% | +135.2% | +97.3% | +475.3% | $324.5K |
| 82 | ZIP 46982 | IN | +73.0% | +25.5% | +96.5% | +231.7% | $199K |
| 83 | ZIP 46016 | IN | -0.7% | +45.8% | +95.4% | +220.0% | $118.4K |
| 84 | ZIP 46845 | IN | +13.5% | +70.9% | +95.1% | +27.2% | $576.7K |
| 85 | ZIP 46221 | IN | +34.9% | +18.9% | +94.3% | +94.6% | $242.6K |
| 86 | ZIP 46617 | IN | +36.8% | +29.2% | +93.5% | +236.4% | $483.2K |
| 87 | ZIP 46738 | IN | +14.9% | +31.9% | +92.2% | +168.2% | $253.8K |
| 88 | ZIP 46033 | IN | +22.8% | +52.2% | +91.9% | +118.8% | $763.5K |
| 89 | ZIP 47384 | IN | -19.2% | +271.8% | +90.5% | +162.5% | $191.5K |
| 90 | ZIP 46205 | IN | -3.3% | +24.2% | +90.4% | +76.4% | $383.4K |
| 91 | ZIP 46797 | IN | +34.2% | +16.3% | +89.7% | +335.6% | $344.9K |
| 92 | ZIP 46229 | IN | +60.1% | +17.6% | +89.7% | +169.0% | $306.5K |
| 93 | ZIP 47527 | IN | — | +58.7% | +86.4% | +119.8% | $249.9K |
| 94 | ZIP 46304 | IN | +29.3% | +21.9% | +85.5% | +53.2% | $434.8K |
| 95 | ZIP 46923 | IN | +76.0% | -31.3% | +84.8% | +131.0% | $347.6K |
| 96 | ZIP 47610 | IN | -25.3% | -38.4% | +84.5% | -16.1% | $192K |
| 97 | ZIP 46201 | IN | +6.1% | -18.6% | +83.9% | +211.3% | $239.7K |
| 98 | ZIP 46069 | IN | -44.0% | +6.4% | +83.0% | +83.5% | $347.5K |
| 99 | ZIP 47520 | IN | +27.8% | +9.3% | +82.9% | +538.5% | $175.6K |
| 100 | ZIP 46375 | IN | +82.3% | +41.7% | +81.5% | +158.0% | $513.8K |
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.