Dyer, IN—46311
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dyer, IN
As of Oct '25, the median home price in Dyer, IN is $358,000, with a year-over-year change of 1.7%. This indicates that home prices in Dyer, IN are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $358,000 | 1.7% |
| Single Family | $362,000 | 1.7% |
| Condos | $231,000 | -0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $268,000 | 1.1% |
3 Bed | $337,000 | 1.8% |
4 Bed | $452,000 | 2.0% |
| 5 Bed | $544,000 | 1.5% |
% of Housing Stock
Rental Trends — Dyer, IN
As of July '25, Rentcast reports the average rent in Dyer, IN is $3,760, with a year-over-year rent change of 87.1%. Per bedroom, the median rent as of July '25 in Dyer, IN is 3-bedrooms: $4,030, 4-bedrooms: $3,200. The most common rental property sizes in Dyer, IN are 3-bedroom and 2-bedroom, accounting for 40.7% and 25.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,600 | $4,030 |
| 4 Bed Rent | $3,200 | $3,200 |
% of Rental Stock
Property Listings — Dyer, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Dyer, IN is 43. This is a increase of 3.0% 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 | $402,000 | -12.0% |
Listing Count | 92 | 53.0% |
| Listings as % of Homes | 0.6% | 53.0% |
Days on Market | 43 | 3.0% |
Demographics — Dyer, IN
As of the latest ACS Survey released in 2023, Dyer, IN has a population of 23,400, which has increased by 8.2% over the past 5 years. Dyer, IN is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 37.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,400 | 8.2% |
% Under 18 | 20.0% | -7.4% |
% Seniors | 21.9% | 23.0% |
% WFH | 10.2% | 175.7% |
% w/ College Degree | 37.0% | 17.1% |
As of the latest ACS Survey released in 2023, Dyer, IN is a predominantly white area, with 80.6% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Dyer, IN is hispanic, making up 13.5% of the population. Foreign-born residents account for 5.9% of the population in Dyer, IN, and this percentage has decreased by 16.9% 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 | 80.6% | 2.7% |
% Black | 2.9% | -35.6% |
% Hispanic | 13.5% | 19.5% |
% Asian | 1.6% | -51.5% |
% Foreign Born | 5.9% | -16.9% |
Mortgage and Risk — Dyer, IN
According to HUD data as of 2023, there were 349 mortgage originations in Dyer, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Dyer, IN. Investor activity is low, as 1.0% 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 | 349 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Dyer, IN
Dyer, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,190 |
| 2 Bedroom | N/A | N/A | $1,450 |
| 3 Bedroom | -$810 | $2,600 | $1,790 |
| 4 Bedroom | -$1,260 | $3,200 | $1,940 |
Affordability — Dyer, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $358,000 |
| Median Household Income | $109,000 |