Edinburgh's October First-Time Homebuyer Report

The population of Edinburgh is shrinking slower than the rest of Indiana, at a 10-year growth rate of -1.1%. It's a larger than average city compared to the rest of the state, with 4,480 residents. Edinburgh is made up of homes that are considered relatively old with a median of 39 years. The top schools in the city are East Side Elementary School and Edinburgh Community Middle School.

Price Range

The housing prices of Edinburgh are close to the state average with a median home value of $93,700 and a current average list price of $46,009. Over the last 30 days, two homes were sold in the Edinburgh market, up 100.0%. However, the market is still in an extended downward trend overall.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Edinburgh:

$229K   $148K   $209K  

Typical Dwelling

The typical dwelling in Edinburgh is a three-bedroom detached home worth about $111,983. To purchase a similar home, a buyer with good credit and a $22,397 cash down payment could obtain a mortgage with a 3.95% interest rate and a $403 monthly payment. The property tax rate is $9.20 per $1,000 of taxable assessed value.

Get started right now by checking out Edinburgh homes for sale or reviewing Edinburgh real estate trends.


Data reported through 10/13/2016

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