Hebron, IN—46341
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hebron, IN
As of Oct '25, the median home price in Hebron, IN is $318,000, with a year-over-year change of 3.1%. This indicates that home prices in Hebron, IN are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $318,000 | 3.1% |
| Single Family | $318,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $217,000 | 3.3% |
3 Bed | $313,000 | 3.3% |
4 Bed | $398,000 | 3.4% |
| 5 Bed | $479,000 | 3.2% |
% of Housing Stock
Rental Trends — Hebron, IN
As of July '25, Rentcast reports the average rent in Hebron, IN is $1,700, with a year-over-year rent change of 15.6%. Per bedroom, the median rent as of July '25 in Hebron, IN is 1-bedrooms: $1,100, 3-bedrooms: $1,850, 4-bedrooms: $2,750. The most common rental property sizes in Hebron, IN are 3-bedroom and 2-bedroom, accounting for 36.5% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,850 | $1,850 |
| 4 Bed Rent | $2,750 | $2,750 |
% of Rental Stock
Property Listings — Hebron, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Hebron, IN is 36. This is a decrease of -25.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $336,000 | -15.0% |
Listing Count | 45 | 11.0% |
| Listings as % of Homes | 0.4% | 11.0% |
Days on Market | 36 | -25.0% |
Demographics — Hebron, IN
As of the latest ACS Survey released in 2023, Hebron, IN has a population of 10,200, which has decreased by -1.6% over the past 5 years. Hebron, IN is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 20.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,200 | -1.6% |
% Under 18 | 22.0% | -16.0% |
% Seniors | 15.4% | 8.5% |
% WFH | 7.5% | 294.7% |
% w/ College Degree | 20.4% | 2.0% |
As of the latest ACS Survey released in 2023, Hebron, IN is a predominantly white area, with 89.3% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Hebron, IN is hispanic, making up 7.8% of the population. Foreign-born residents account for 2.7% of the population in Hebron, IN, and this percentage has increased by 145.5% 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 | 89.3% | -2.0% |
% Black | 0.4% | -50.0% |
% Hispanic | 7.8% | 8.3% |
% Asian | 0.9% | 350.0% |
% Foreign Born | 2.7% | 145.5% |
Mortgage and Risk — Hebron, IN
According to HUD data as of 2023, there were 213 mortgage originations in Hebron, IN, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Hebron, IN. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 213 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Hebron, IN
Hebron, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 34 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,100 | $840 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | -$590 | $1,850 | $1,260 |
| 4 Bedroom | -$1,400 | $2,750 | $1,350 |
Affordability — Hebron, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $318,000 |
| Median Household Income | $99,400 |