Zionsville, IN—46077
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Zionsville, IN
As of Oct '25, the median home price in Zionsville, IN is $659,000, with a year-over-year change of 4.8%. This indicates that home prices in Zionsville, IN are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $659,000 | 4.8% |
| Single Family | $673,000 | 5.2% |
| Condos | $324,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $370,000 | 5.7% |
3 Bed | $472,000 | 5.4% |
4 Bed | $677,000 | 5.3% |
| 5 Bed | $927,000 | 4.9% |
% of Housing Stock
Rental Trends — Zionsville, IN
As of July '25, Rentcast reports the average rent in Zionsville, IN is $2,490, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Zionsville, IN is 1-bedrooms: $1,430, 2-bedrooms: $2,230, 3-bedrooms: $2,490, 4-bedrooms: $3,180. The most common rental property sizes in Zionsville, IN are 2-bedroom and 1-bedroom, accounting for 33.5% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,480 | $2,490 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,410 | $1,430 |
| 2 Bed Rent | $2,200 | $2,230 |
| 3 Bed Rent | $2,500 | $2,490 |
| 4 Bed Rent | $3,500 | $3,180 |
% of Rental Stock
Property Listings — Zionsville, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Zionsville, IN is 56. This is a increase of 23.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $818,000 | 18.0% |
Listing Count | 139 | 28.0% |
| Listings as % of Homes | 0.5% | 28.0% |
Days on Market | 56 | 23.0% |
Demographics — Zionsville, IN
As of the latest ACS Survey released in 2023, Zionsville, IN has a population of 35,400, which has increased by 24.7% over the past 5 years. Zionsville, IN is a popular place for families, as children make up 28.6% of the population. The area has a highly educated workforce, with 72.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,400 | 24.7% |
% Under 18 | 28.6% | -8.3% |
% Seniors | 13.2% | 51.7% |
% WFH | 24.6% | 211.4% |
% w/ College Degree | 72.7% | 1.0% |
As of the latest ACS Survey released in 2023, Zionsville, IN is a predominantly white area, with 82.6% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Zionsville, IN is asian, making up 7.4% of the population. Foreign-born residents account for 6.7% of the population in Zionsville, IN, and this percentage has decreased by 1.5% 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 | 82.6% | -3.7% |
% Black | 3.8% | 100.0% |
% Hispanic | 3.8% | 5.6% |
% Asian | 7.4% | 15.6% |
% Foreign Born | 6.7% | -1.5% |
Mortgage and Risk — Zionsville, IN
According to HUD data as of 2023, there were 901 mortgage originations in Zionsville, IN, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Zionsville, IN. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 901 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Zionsville, IN
Zionsville, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,410 | $1,600 |
| 2 Bedroom | -$330 | $2,200 | $1,870 |
| 3 Bedroom | -$70 | $2,500 | $2,430 |
| 4 Bedroom | -$540 | $3,500 | $2,960 |
Affordability — Zionsville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $659,000 |
| Median Household Income | $161,000 |