Valparaiso, IN—46385
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 $363,000, 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 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | 2.1% |
| Single Family | $369,000 | 1.9% |
| Condos | $217,000 | -2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $251,000 | 2.9% |
3 Bed | $323,000 | 2.2% |
4 Bed | $434,000 | 1.4% |
| 5 Bed | $576,000 | 0.3% |
% of Housing Stock
Rental Trends — Valparaiso, IN
As of July '25, Rentcast reports the average rent in Valparaiso, IN is $1,920, with a year-over-year rent change of -17.2%. Per bedroom, the median rent as of July '25 in Valparaiso, IN is 1-bedrooms: $1,190, 2-bedrooms: $1,580, 3-bedrooms: $1,880, 4-bedrooms: $2,870. The most common rental property sizes in Valparaiso, IN are 3-bedroom and 2-bedroom, accounting for 49.1% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,920 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,190 |
| 2 Bed Rent | $1,750 | $1,580 |
| 3 Bed Rent | $1,750 | $1,880 |
| 4 Bed Rent | $2,500 | $2,870 |
% 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 51. This is a increase of 26.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $459,000 | 2.0% |
Listing Count | 258 | 55.0% |
| Listings as % of Homes | 0.6% | 55.0% |
Days on Market | 51 | 26.0% |
Demographics — Valparaiso, IN
As of the latest ACS Survey released in 2023, Valparaiso, IN has a population of 41,400, which has increased by 5.2% over the past 5 years. Valparaiso, IN is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 34.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,400 | 5.2% |
% Under 18 | 22.2% | -7.9% |
% Seniors | 18.6% | 17.0% |
% WFH | 7.8% | 73.3% |
% w/ College Degree | 34.3% | 8.2% |
As of the latest ACS Survey released in 2023, Valparaiso, IN is a predominantly white area, with 82.7% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Valparaiso, IN is hispanic, making up 8.9% of the population. Foreign-born residents account for 3.4% of the population in Valparaiso, IN, and this percentage has increased by 36.0% 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 | 82.7% | -6.7% |
% Black | 2.2% | 10.0% |
% Hispanic | 8.9% | 23.6% |
% Asian | 2.0% | 185.7% |
% Foreign Born | 3.4% | 36.0% |
Mortgage and Risk — Valparaiso, IN
According to HUD data as of 2023, there were 1049 mortgage originations in Valparaiso, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Valparaiso, IN. Investor activity is low, as 1.0% 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 | 1,049 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% 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 2.3%. 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 | 42 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,200 | $1,100 |
| 2 Bedroom | -$410 | $1,750 | $1,340 |
| 3 Bedroom | -$100 | $1,750 | $1,650 |
| 4 Bedroom | -$720 | $2,500 | $1,780 |
Affordability — Valparaiso, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $363,000 |
| Median Household Income | $97,200 |