Valparaiso, IN—46383
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Valparaiso, IN
Home Price Trends — Valparaiso, IN
As of Oct '25, the median home price in Valparaiso, IN is $338,000, with a year-over-year change of 2.1%. This indicates that home prices in Valparaiso, 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 | $338,000 | 2.1% |
| Single Family | $343,000 | 1.8% |
| Condos | $220,000 | 0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $163,000 | 3.8% |
2 Bed | $231,000 | 2.7% |
3 Bed | $324,000 | 2.2% |
4 Bed | $423,000 | 1.7% |
| 5 Bed | $524,000 | 1.4% |
% of Housing Stock
Rental Trends — Valparaiso, IN
As of July '25, Rentcast reports the average rent in Valparaiso, IN is $1,330, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Valparaiso, IN is studios: $898, 1-bedrooms: $1,090, 2-bedrooms: $1,260, 3-bedrooms: $2,200, 4-bedrooms: $2,600. The most common rental property sizes in Valparaiso, IN are 2-bedroom and 1-bedroom, accounting for 38.7% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,330 |
| Studio Rent | $895 | $898 |
| 1 Bed Rent | $1,100 | $1,090 |
| 2 Bed Rent | $1,280 | $1,260 |
| 3 Bed Rent | $2,000 | $2,200 |
| 4 Bed Rent | $2,500 | $2,600 |
% of Rental Stock
Property Listings — Valparaiso, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Valparaiso, IN is 52. This is a increase of 5.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $384,000 | -14.0% |
Listing Count | 131 | 9.0% |
| Listings as % of Homes | 0.4% | 9.0% |
Days on Market | 52 | 5.0% |
Demographics — Valparaiso, IN
As of the latest ACS Survey released in 2023, Valparaiso, IN has a population of 42,500, which has increased by 1.8% over the past 5 years. Valparaiso, 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 38.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,500 | 1.8% |
% Under 18 | 20.0% | -2.4% |
% Seniors | 15.6% | -0.6% |
% WFH | 8.8% | 54.4% |
% w/ College Degree | 38.0% | 7.6% |
As of the latest ACS Survey released in 2023, Valparaiso, IN is a predominantly white area, with 84.2% 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 Valparaiso, IN is hispanic, making up 9.3% of the population. Foreign-born residents account for 4.2% of the population in Valparaiso, IN, and this percentage has decreased by 4.5% 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 | 84.2% | -2.0% |
% Black | 2.4% | -25.0% |
% Hispanic | 9.3% | 29.2% |
% Asian | 1.4% | -17.6% |
% Foreign Born | 4.2% | -4.5% |
Mortgage and Risk — Valparaiso, IN
According to HUD data as of 2023, there were 720 mortgage originations in Valparaiso, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Valparaiso, IN. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 720 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Valparaiso, IN
As of 2024, the percent of homes in Valparaiso, IN under the Section 8 program is 7.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Valparaiso, IN, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 421 |
Total Units Section 8 | 421 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 93.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $1,100 | $1,030 |
| 2 Bedroom | -$30 | $1,280 | $1,250 |
| 3 Bedroom | -$460 | $2,000 | $1,540 |
| 4 Bedroom | -$840 | $2,500 | $1,660 |
Affordability — Valparaiso, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $338,000 |
| Median Household Income | $75,600 |