Paragon, IN—46166
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Paragon, IN
As of Oct '25, the median home price in Paragon, IN is $258,000, with a year-over-year change of 5.2%. This indicates that home prices in Paragon, IN are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $258,000 | 5.2% |
| Single Family | $258,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $219,000 | 5.3% |
3 Bed | $267,000 | 4.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Paragon, IN
Paragon, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Paragon, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Paragon, IN is 60. This is a increase of 14.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $294,000 | 21.0% |
Listing Count | 10 | 33.0% |
| Listings as % of Homes | 0.7% | 33.0% |
Days on Market | 60 | 14.0% |
Demographics — Paragon, IN
As of the latest ACS Survey released in 2023, Paragon, IN has a population of 2,820, which has increased by 34.2% over the past 5 years. Paragon, IN is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 11.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,820 | 34.2% |
% Under 18 | 23.2% | 3.1% |
% Seniors | 15.9% | 55.9% |
% WFH | 4.3% | 616.7% |
% w/ College Degree | 11.2% | 86.7% |
As of the latest ACS Survey released in 2023, Paragon, IN is a predominantly white area, with 98.4% of the population identifying as white. The white population has grown by 3.6% in the last 5 years. The second most common race or ethnicity in Paragon, IN is hispanic, making up 0.6% of the population. Foreign-born residents account for 0.4% of the population in Paragon, IN, and this percentage has increased by Inf% 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 | 98.4% | 3.6% |
% Black | 0.0% | N/A |
% Hispanic | 0.6% | -14.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | ∞% |
Mortgage and Risk — Paragon, IN
According to HUD data as of 2023, there were 50 mortgage originations in Paragon, IN, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Paragon, IN. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Paragon, IN
Paragon, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — Paragon, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $258,000 |
| Median Household Income | $82,500 |