Cicero, IN—46034
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cicero, IN
As of Oct '25, the median home price in Cicero, IN is $397,000, with a year-over-year change of 3.6%. This indicates that home prices in Cicero, IN are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $397,000 | 3.6% |
| Single Family | $396,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $298,000 | 4.6% |
3 Bed | $353,000 | 3.8% |
4 Bed | $506,000 | 4.1% |
| 5 Bed | $629,000 | 4.7% |
% of Housing Stock
Rental Trends — Cicero, IN
As of July '25, Rentcast reports the average rent in Cicero, IN is $2,300, with a year-over-year rent change of 12.2%. Per bedroom, the median rent as of July '25 in Cicero, IN is 2-bedrooms: $1,300, 3-bedrooms: $1,680, 4-bedrooms: $2,700. The most common rental property sizes in Cicero, IN are 3-bedroom and 2-bedroom, accounting for 40.2% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | $1,680 | $1,680 |
| 4 Bed Rent | $2,400 | $2,700 |
% of Rental Stock
Property Listings — Cicero, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Cicero, IN is 39. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $514,000 | -19.0% |
Listing Count | 27 | 1.0% |
| Listings as % of Homes | 0.7% | 1.0% |
Days on Market | 39 | 25.0% |
Demographics — Cicero, IN
As of the latest ACS Survey released in 2023, Cicero, IN has a population of 7,260, which has increased by 12.9% over the past 5 years. Cicero, IN is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 41.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,260 | 12.9% |
% Under 18 | 21.1% | 17.2% |
% Seniors | 17.6% | -7.4% |
% WFH | 18.6% | 173.5% |
% w/ College Degree | 41.6% | 54.1% |
As of the latest ACS Survey released in 2023, Cicero, IN is a predominantly white area, with 96.4% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Cicero, IN is black, making up 0.9% of the population. Foreign-born residents account for 1.2% of the population in Cicero, IN, and this percentage has decreased by 77.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.4% | 1.3% |
% Black | 0.9% | ∞% |
% Hispanic | 0.6% | -87.0% |
% Asian | 0.4% | 100.0% |
% Foreign Born | 1.2% | -77.8% |
Mortgage and Risk — Cicero, IN
According to HUD data as of 2023, there were 230 mortgage originations in Cicero, IN, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Cicero, IN. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 230 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Cicero, IN
Cicero, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,130 |
| 2 Bedroom | $20 | $1,300 | $1,320 |
| 3 Bedroom | $40 | $1,680 | $1,720 |
| 4 Bedroom | -$310 | $2,400 | $2,090 |
Affordability — Cicero, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $397,000 |
| Median Household Income | $90,800 |