Beech Grove, IN—46107
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Beech Grove, IN
As of Oct '25, the median home price in Beech Grove, IN is $188,000, with a year-over-year change of 1.4%. This indicates that home prices in Beech Grove, IN are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $188,000 | 1.4% |
| Single Family | $189,000 | 1.1% |
| Condos | $164,000 | -8.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $162,000 | 0.0% |
3 Bed | $195,000 | 1.6% |
4 Bed | $229,000 | 0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Beech Grove, IN
As of July '25, Rentcast reports the average rent in Beech Grove, IN is $1,400, with a year-over-year rent change of 14.8%. Per bedroom, the median rent as of July '25 in Beech Grove, IN is 1-bedrooms: $975, 2-bedrooms: $1,750, 3-bedrooms: $1,420. The most common rental property sizes in Beech Grove, IN are 2-bedroom and 1-bedroom, accounting for 47.3% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,490 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $975 | $975 |
| 2 Bed Rent | $1,750 | $1,750 |
| 3 Bed Rent | $1,490 | $1,420 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Beech Grove, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Beech Grove, IN is 49. This is a increase of 17.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $217,000 | -2.0% |
Listing Count | 50 | 13.0% |
| Listings as % of Homes | 0.4% | 13.0% |
Days on Market | 49 | 17.0% |
Demographics — Beech Grove, IN
As of the latest ACS Survey released in 2023, Beech Grove, IN has a population of 13,000, which has remained stable by 0.8% over the past 5 years. Beech Grove, IN is a popular place for families, as children make up 28.1% of the population. The area has a poorly educated workforce, with 23.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,000 | 0.8% |
% Under 18 | 28.1% | 25.4% |
% Seniors | 16.4% | -1.2% |
% WFH | 7.3% | 217.4% |
% w/ College Degree | 23.3% | 36.3% |
As of the latest ACS Survey released in 2023, Beech Grove, IN is a predominantly white area, with 88.1% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Beech Grove, IN is hispanic, making up 5.7% of the population. Foreign-born residents account for 2.8% of the population in Beech Grove, IN, and this percentage has increased by 115.4% 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 | 88.1% | -4.6% |
% Black | 2.0% | -25.9% |
% Hispanic | 5.7% | 67.6% |
% Asian | 1.0% | 150.0% |
% Foreign Born | 2.8% | 115.4% |
Mortgage and Risk — Beech Grove, IN
According to HUD data as of 2023, there were 351 mortgage originations in Beech Grove, IN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Beech Grove, IN. Investor activity is low, as 2.0% 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 | 351 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Beech Grove, IN
Beech Grove, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 214 |
Total Units Section 8 | 214 |
% Rentals under Section 8 | 11.1% |
% Occupied Section 8 | 93.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $65 | $975 | $1,040 |
| 2 Bedroom | -$530 | $1,750 | $1,220 |
| 3 Bedroom | $100 | $1,490 | $1,590 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — Beech Grove, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $188,000 |
| Median Household Income | $57,400 |