Pittsboro, IN—46167
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pittsboro, IN
As of Oct '25, the median home price in Pittsboro, IN is $361,000, with a year-over-year change of 1.7%. This indicates that home prices in Pittsboro, IN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $361,000 | 1.7% |
| Single Family | $366,000 | 1.7% |
| Condos | $296,000 | 4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $253,000 | 2.8% |
3 Bed | $340,000 | 2.1% |
4 Bed | $405,000 | 1.2% |
| 5 Bed | $505,000 | 1.2% |
% of Housing Stock
Rental Trends — Pittsboro, IN
As of July '25, Rentcast reports the average rent in Pittsboro, IN is $2,160, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Pittsboro, IN is 2-bedrooms: $1,020, 3-bedrooms: $1,970, 4-bedrooms: $2,540. The most common rental property sizes in Pittsboro, IN are 3-bedroom and 1-bedroom, accounting for 53.7% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,160 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,020 | $1,020 |
| 3 Bed Rent | $1,830 | $1,970 |
| 4 Bed Rent | $2,500 | $2,540 |
% of Rental Stock
Property Listings — Pittsboro, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Pittsboro, IN is 52. 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $382,000 | 0.0% |
Listing Count | 26 | -3.0% |
| Listings as % of Homes | 0.5% | -3.0% |
Days on Market | 52 | 23.0% |
Demographics — Pittsboro, IN
As of the latest ACS Survey released in 2023, Pittsboro, IN has a population of 7,130, which has increased by 8.5% over the past 5 years. Pittsboro, IN is a popular place for families, as children make up 27.5% of the population. The area has a moderately educated workforce, with 44.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,130 | 8.5% |
% Under 18 | 27.5% | 8.3% |
% Seniors | 15.4% | 13.2% |
% WFH | 14.9% | 338.2% |
% w/ College Degree | 44.3% | 13.6% |
As of the latest ACS Survey released in 2023, Pittsboro, IN is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 8.6% in the last 5 years. The second most common race or ethnicity in Pittsboro, IN is hispanic, making up 3.8% of the population. Foreign-born residents account for 1.1% of the population in Pittsboro, IN, and this percentage has decreased by 8.3% 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 | 86.3% | -8.6% |
% Black | 2.7% | 80.0% |
% Hispanic | 3.8% | 100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.1% | -8.3% |
Mortgage and Risk — Pittsboro, IN
According to HUD data as of 2023, there were 201 mortgage originations in Pittsboro, IN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Pittsboro, IN. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 201 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Pittsboro, IN
Pittsboro, 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 | N/A | N/A | $1,080 |
| 2 Bedroom | $240 | $1,020 | $1,260 |
| 3 Bedroom | -$190 | $1,830 | $1,640 |
| 4 Bedroom | -$510 | $2,500 | $1,990 |
Affordability — Pittsboro, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $361,000 |
| Median Household Income | $123,000 |