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Meridian Hills, IN Housing

 
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As of 2010-2014, median price of a house in Meridian Hills is $414,000, which is much higher than the state average of $122,700 and is much higher than the national average of $175,700. The Meridian Hills median house value has grown by 46.86% since 2000. The growth rate for the price of a house in Meridian Hills is higher than the state average rate of 30.12% and is about the same as the national average rate of 46.91%. The median year that a house in Meridian Hills was built is 1955, which is older than the median year for a house built in the state which is 1972 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 578 Owner Occupied Houses in Meridian Hills, IN, #8
Meridian Hills, IN
414,000 USD
Indiana
122,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #61
Meridian Hills, IN
46.86%
Indiana
30.12%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Meridian Hills, INIndianaU.S.
Total Housing Units671, see rank, 100%2,811,617132,741,033
Occupied Housing Units631, 94.04%, see rank88.64%87.55%
Owner Occupied578, 86.14%, see rank61.56%56.34%
Renter Occupied53, 7.90%, see rank27.07%31.21%
Vacant Housing Units40, 5.96%, see rank11.36%12.45%
For Rent0, 0.00%, see rank2.40%2.34%
For Sale Only0, 0.00%, see rank1.47%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.24%0.92%
For Seasonal, Recreational, or Occasional Use12, 1.79%, see rank1.64%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant28, 4.17%, see rank4.59%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #421
Meridian Hills, INIndianaU.S.
195519721976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Meridian Hills, IN%IndianaU.S.
Owner-Occupied Units578100%1,730,95474,787,460
With a Mortgage38065.74%, see rank68.12%65.58%
Without a Mortgage19834.26%, see rank31.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Meridian Hills, IN
2,057 USD
Indiana
1,119 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMeridian Hills, IN%IndianaU.S.
$299 or Less00.00%, see rank0.35%0.20%
$300 to $49900.00%, see rank3.15%1.59%
$500 to $69930.79%, see rank9.90%5.01%
$700 to $99992.37%, see rank26.58%14.32%
$1,000 to $1,4997118.68%, see rank35.46%27.90%
$1,500 to $1,99910327.11%, see rank14.79%20.35%
$2,000 to $2,9998522.37%, see rank7.60%19.52%
$3,000 or More10928.68%, see rank2.17%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Meridian Hills, IN
19.00% of the Total Income
Indiana
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Meridian Hills, IN%IndianaU.S.
10% or Less5414.21%, see rank7.60%5.86%
10% to 20%14939.21%, see rank41.01%31.95%
20% to 30%8321.84%, see rank26.38%27.64%
30% to 40%297.63%, see rank10.90%13.74%
40% or More6517.11%, see rank13.68%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Meridian Hills, IN
894 USD
Indiana
375 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMeridian Hills, IN%IndianaU.S.
$199 or Less00.00%, see rank8.65%7.76%
$200 to $29900.00%, see rank22.03%14.70%
$300 to $4992713.64%, see rank44.41%34.63%
$500 to $6993819.19%, see rank17.12%21.16%
$700 or More13367.17%, see rank7.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Meridian Hills, IN
10.00% of the Total Income
Indiana
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Meridian Hills, IN%IndianaU.S.
10% or Less10955.05%, see rank45.90%40.19%
10% to 20%4020.20%, see rank31.56%31.47%
20% to 30%84.04%, see rank10.56%12.24%
30% to 40%199.60%, see rank4.39%5.64%
40% or More2211.11%, see rank6.50%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Meridian Hills, INIndianaU.S.
Total Housing Units671, 100%2,811,617132,741,033
1-unit, Detached615, 91.65%, see rank72.70%61.65%
1-unit, Attached21, 3.13%, see rank3.65%5.82%
2 Units0, 0.00%, see rank2.59%3.75%
3 or 4 Units32, 4.77%, see rank3.58%4.43%
5 to 9 Units3, 0.45%, see rank4.55%4.78%
10 or More Units0, 0.00%, see rank7.83%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank5.11%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Meridian Hills, INIndianaU.S.
Total Housing Units671, 100%2,811,617132,741,033
1 Room10, 1.49%, see rank1.26%1.95%
2 Rooms3, 0.45%, see rank1.46%2.48%
3 Rooms3, 0.45%, see rank6.64%9.13%
4 Rooms6, 0.89%, see rank14.31%16.60%
5 Rooms42, 6.26%, see rank21.67%20.41%
6 Rooms64, 9.54%, see rank20.12%18.06%
7 Rooms128, 19.08%, see rank13.67%12.27%
8 Rooms128, 19.08%, see rank9.17%8.48%
9 Rooms or More287, 42.77%, see rank11.69%10.60%
Median Rooms8.10, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Meridian Hills, INIndianaU.S.
Total Housing Units671, 100%2,811,617132,741,033
No Bedroom10, 1.49%, see rank1.38%2.17%
1 Bedroom3, 0.45%, see rank9.26%11.16%
2 Bedrooms80, 11.92%, see rank26.57%26.69%
3 Bedrooms268, 39.94%, see rank44.05%39.70%
4 Bedrooms189, 28.17%, see rank15.33%16.05%
5 or More Bedrooms121, 18.03%, see rank3.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Meridian Hills, INIndianaU.S.
Total Housing Units631, 100%2,492,183116,211,092
Utility Gas536, 84.94%, see rank61.00%48.85%
Bottled, Tank, or LP Gas3, 0.48%, see rank7.17%4.86%
Electricity83, 13.15%, see rank27.77%36.68%
Fuel Oil, Kerosene, etc.3, 0.48%, see rank0.96%5.86%
Coal or Coke3, 0.48%, see rank0.14%0.12%
Wood0, 0.00%, see rank2.21%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.46%0.47%
No Fuel Used3, 0.48%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMeridian Hills, INIndianaU.S.
Occupied Units Paying Rent44, 100%716,46139,201,928
$199 or Less0, 0.00%, see rank1.90%1.50%
$200 to $2990, 0.00%, see rank3.46%3.18%
$300 to $4990, 0.00%, see rank10.51%7.37%
$500 to $6990, 0.00%, see rank27.49%16.01%
$700 to $9993, 6.82%, see rank37.65%29.17%
$1,000 to $1,4999, 20.45%, see rank15.48%26.88%
$1,500 to $1,9998, 18.18%, see rank2.39%9.79%
$2,000 or More24, 54.55%, see rank1.13%6.10%
Median$2,001, see rank$741$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Meridian Hills, INIndianaU.S.
Occupied Housing Units631, 100%2,492,183116,211,092
No Vehicles Available0, 0.00%, see rank6.86%9.12%
1 Vehicles Available126, 19.97%, see rank32.87%33.80%
2 Vehicles Available357, 56.58%, see rank38.90%37.48%
3 or More Vehicles Available148, 23.45%, see rank21.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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