Metropolitan Statistical Area (MSA):
Crawfordsville, IN is a Metropolitan Statistical Area (MSA) comprising counties including .
There are many factors influencing the real estate market in the Crawfordsville, IN metropolitan statistical area (MSA). The following is a brief overview of some of the most important trends affecting the housing market in this region.
The population of the Crawfordsville MSA is growing at a moderate pace, which is good news for the housing market. The area has seen an influx of new residents in recent years, due to its proximity to Indianapolis and other major cities. This trend is expected to continue, as more people are moving to the suburbs in search of affordable housing options.
The median home price in the Crawfordsville MSA is $129,900, which is slightly lower than the national average. However, prices have been on the rise in recent years, as demand for housing has increased. This trend is expected to continue, as more people move to the area and competition for homes increases.
The vacancy rate for rental properties in the Crawfordsville MSA is 5%, which is lower than the national average. This indicates that there is high demand for rental properties in this region. Prices for rentals have been rising steadily in recent years, as more people move to the area and competition for units increases.