Noblesville, IN—46062
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Noblesville, IN
Home Price Trends — Noblesville, IN
As of Oct '25, the median home price in Noblesville, IN is $431,000, with a year-over-year change of 2.1%. This indicates that home prices in Noblesville, IN are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $431,000 | 2.1% |
| Single Family | $440,000 | 2.3% |
| Condos | $299,000 | 2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $310,000 | 2.3% |
3 Bed | $358,000 | 1.7% |
4 Bed | $477,000 | 2.6% |
| 5 Bed | $642,000 | 2.6% |
% of Housing Stock
Rental Trends — Noblesville, IN
As of July '25, Rentcast reports the average rent in Noblesville, IN is $2,210, with a year-over-year rent change of -1.3%. Per bedroom, the median rent as of July '25 in Noblesville, IN is studios: $1,290, 1-bedrooms: $1,380, 2-bedrooms: $1,880, 3-bedrooms: $2,150, 4-bedrooms: $2,460. The most common rental property sizes in Noblesville, IN are 2-bedroom and 3-bedroom, accounting for 57.0% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,160 | $2,210 |
| Studio Rent | $1,290 | $1,290 |
| 1 Bed Rent | $1,350 | $1,380 |
| 2 Bed Rent | $1,820 | $1,880 |
| 3 Bed Rent | $2,060 | $2,150 |
| 4 Bed Rent | $2,370 | $2,460 |
% of Rental Stock
Property Listings — Noblesville, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Noblesville, IN is 49. This is a increase of 11.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | 3.0% |
Listing Count | 211 | 29.0% |
| Listings as % of Homes | 0.6% | 29.0% |
Days on Market | 49 | 11.0% |
Demographics — Noblesville, IN
As of the latest ACS Survey released in 2023, Noblesville, IN has a population of 39,300, which has increased by 11.9% over the past 5 years. Noblesville, IN is a popular place for families, as children make up 25.3% of the population. The area has a highly educated workforce, with 56.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,300 | 11.9% |
% Under 18 | 25.3% | -7.3% |
% Seniors | 14.5% | 8.2% |
% WFH | 16.0% | 102.5% |
% w/ College Degree | 56.9% | 21.6% |
As of the latest ACS Survey released in 2023, Noblesville, IN is a predominantly white area, with 85.1% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Noblesville, IN is black, making up 4.9% of the population. Foreign-born residents account for 5.8% of the population in Noblesville, IN, and this percentage has increased by 52.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.1% | -5.9% |
% Black | 4.9% | 96.0% |
% Hispanic | 3.6% | -12.2% |
% Asian | 3.3% | 135.7% |
% Foreign Born | 5.8% | 52.6% |
Mortgage and Risk — Noblesville, IN
According to HUD data as of 2023, there were 1543 mortgage originations in Noblesville, IN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Noblesville, IN. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,543 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Noblesville, IN
As of 2024, the percent of homes in Noblesville, IN under the Section 8 program is 2.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Noblesville, IN, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 81 |
Total Units Section 8 | 81 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $1,350 | $1,220 |
| 2 Bedroom | -$390 | $1,820 | $1,430 |
| 3 Bedroom | -$200 | $2,060 | $1,860 |
| 4 Bedroom | -$110 | $2,370 | $2,260 |
Affordability — Noblesville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $431,000 |
| Median Household Income | $117,000 |