Knightstown, IN—46148
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Knightstown, IN
As of Oct '25, the median home price in Knightstown, IN is $219,000, with a year-over-year change of 5.7%. This indicates that home prices in Knightstown, IN are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 5.7% |
| Single Family | $218,000 | 5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | 6.2% |
3 Bed | $240,000 | 5.7% |
4 Bed | $266,000 | 4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Knightstown, IN
As of July '25, Rentcast reports the average rent in Knightstown, IN is $895, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Knightstown, IN is 2-bedrooms: $895. The most common rental property sizes in Knightstown, IN are 2-bedroom and 3-bedroom, accounting for 42.4% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $895 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $895 | $895 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Knightstown, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Knightstown, IN is 65. This is a increase of 101.0% 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 | $329,000 | 7.0% |
Listing Count | 20 | -14.0% |
| Listings as % of Homes | 1.4% | -14.0% |
Days on Market | 65 | 101.0% |
Demographics — Knightstown, IN
As of the latest ACS Survey released in 2023, Knightstown, IN has a population of 4,950, which has decreased by -10.5% over the past 5 years. Knightstown, IN is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,950 | -10.5% |
% Under 18 | 27.6% | 7.0% |
% Seniors | 17.1% | 6.2% |
% WFH | 7.4% | 19.4% |
% w/ College Degree | 21.8% | 20.4% |
As of the latest ACS Survey released in 2023, Knightstown, IN is a predominantly white area, with 97.8% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Knightstown, IN is hispanic, making up 0.4% of the population. Foreign-born residents account for 0.2% of the population in Knightstown, IN, and this percentage has decreased by 33.3% 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 | 97.8% | -0.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.4% | 33.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | -33.3% |
Mortgage and Risk — Knightstown, IN
According to HUD data as of 2023, there were 103 mortgage originations in Knightstown, IN, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Knightstown, IN. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 103 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Knightstown, IN
Knightstown, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | 58.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | $325 | $895 | $1,220 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — Knightstown, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $219,000 |
| Median Household Income | $63,000 |