Lake Village, IN—46349
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake Village, IN
As of Oct '25, the median home price in Lake Village, IN is $313,000, with a year-over-year change of 5.1%. This indicates that home prices in Lake Village, IN are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $313,000 | 5.1% |
| Single Family | $313,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $222,000 | 8.8% |
3 Bed | $321,000 | 5.2% |
4 Bed | $415,000 | 5.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lake Village, IN
Lake Village, 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 — Lake Village, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Village, IN is 62. This is a decrease of -13.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $557,000 | 11.0% |
Listing Count | 14 | 61.0% |
| Listings as % of Homes | 1.3% | 61.0% |
Days on Market | 62 | -13.0% |
Demographics — Lake Village, IN
As of the latest ACS Survey released in 2023, Lake Village, IN has a population of 3,060, which has increased by 7.8% over the past 5 years. Lake Village, IN is a popular place for families, as children make up 26.2% of the population. The area has a poorly educated workforce, with 19.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,060 | 7.8% |
% Under 18 | 26.2% | 52.3% |
% Seniors | 19.8% | -8.3% |
% WFH | 5.9% | 293.3% |
% w/ College Degree | 19.2% | 106.5% |
As of the latest ACS Survey released in 2023, Lake Village, IN is a predominantly white area, with 98.6% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Lake Village, IN is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.0% of the population in Lake Village, IN, and this percentage has decreased by 100.0% 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 | 98.6% | -0.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.3% | 62.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Lake Village, IN
According to HUD data as of 2023, there were 131 mortgage originations in Lake Village, IN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Lake Village, IN. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 131 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lake Village, IN
Lake Village, 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 | $910 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Lake Village, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $313,000 |
| Median Household Income | $75,100 |