Trafalgar, IN 46181 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Trafalgar, IN—46181

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$363,000

3.0% YoY Growth

Household Income

$85,600

17.2% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

3.0%

Median Rent

$1,100

20.3% YoY Growth

1-Bed Rent

$1,100

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Trafalgar, IN

As of Dec '25, the median home price in Trafalgar, IN is $363,000, with a year-over-year change of 3.0%. This indicates that home prices in Trafalgar, IN are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$363,000	3.0%
Single Family	$369,000	3.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Trafalgar, IN

As of July '25, Rentcast reports the average rent in Trafalgar, IN is $1,100, with a year-over-year rent change of -20.3%. Per bedroom, the median rent as of July '25 in Trafalgar, IN is 1-bedrooms: $1,100. The most common rental property sizes in Trafalgar, IN are 3-bedroom and 1-bedroom, accounting for 45.2% and 22.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,100	$1,100
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,100
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

7.7%

1 Bedroom

22.6%

2 Bedrooms

22.0%

3 Bedrooms

45.2%

4 Bedrooms

2.4%

Property Listings — Trafalgar, IN

As of Dec '25, Realtor.com reports that the median days on market for a home in Trafalgar, IN is 83. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 57.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$495,000	-27.0%
Listing Count	16	29.0%
Listings as % of Homes	0.6%	29.0%
Days on Market	69	-12.0%

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Demographics — Trafalgar, IN

As of the latest ACS Survey released in 2023, Trafalgar, IN has a population of 5,090, which has increased by 6.4% over the past 5 years. Trafalgar, IN is a moderately popular place for families, as children make up 24.9% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,090	6.4%
% Under 18	24.9%	2.0%
% Seniors	17.2%	22.9%
% WFH	11.8%	436.4%
% w/ College Degree	28.3%	8.4%

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As of the latest ACS Survey released in 2023, Trafalgar, IN is a predominantly white area, with 98.1% 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 Trafalgar, IN is asian, making up 0.4% of the population. Foreign-born residents account for 0.9% of the population in Trafalgar, IN, and this percentage has decreased by 66.7% 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	98.1%	3.6%
% Black	0.1%	-83.3%
% Hispanic	0.2%	-89.5%
% Asian	0.4%	33.3%
% Foreign Born	0.9%	-66.7%

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Mortgage and Risk — Trafalgar, IN

According to HUD data as of 2023, there were 272 mortgage originations in Trafalgar, IN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Trafalgar, IN. Investor activity is low, as 1.0% 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	272
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	1.0%
% Second Loans	3.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Trafalgar, IN

Trafalgar, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	1.8%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$80	$1,100	$1,180
2 Bedroom	N/A	N/A	$1,380
3 Bedroom	N/A	N/A	$1,800
4 Bedroom	N/A	N/A	$2,180

Trafalgar, IN—46181

Key Metrics at a Glance

Home Price Trends — Trafalgar, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Trafalgar, IN

% of Rental Stock

Property Listings — Trafalgar, IN

Demographics — Trafalgar, IN

Race and Ethnicity

Mortgage and Risk — Trafalgar, IN

Mortgages

Rentals and Section 8 — Trafalgar, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Trafalgar, IN

Home Price to Income Ratio

Trafalgar, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Nineveh, IN

Morgantown, IN

Bargersville, IN

Franklin, IN

Helmsburg

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.8
Median Home Price	$363,000
Median Household Income	$85,600

Trafalgar, IN—46181

Key Metrics at a Glance

Home Price Trends — Trafalgar, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Trafalgar, IN

% of Rental Stock

Property Listings — Trafalgar, IN

Demographics — Trafalgar, IN

Race and Ethnicity

Mortgage and Risk — Trafalgar, IN

Mortgages

Rentals and Section 8 — Trafalgar, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Trafalgar, IN

Home Price to Income Ratio

Trafalgar, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Nineveh, IN

Morgantown, IN

Bargersville, IN

Franklin, IN

Helmsburg

Frequently Asked Questions

What is the average home price in Trafalgar, IN 46181?

How have home prices in Trafalgar, IN 46181 changed over the past year?

What is the home price projection for Trafalgar, IN 46181?

What are the demographics of Trafalgar, IN 46181?

How long does it take homes to sell in Trafalgar, IN 46181?

What is the average rent price in Trafalgar, IN 46181?