Wanatah, IN—46390
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wanatah, IN
As of Oct '25, the median home price in Wanatah, IN is $268,000, with a year-over-year change of 4.7%. This indicates that home prices in Wanatah, IN are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $268,000 | 4.7% |
| Single Family | $268,000 | 4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $208,000 | 5.1% |
3 Bed | $270,000 | 3.8% |
4 Bed | $315,000 | 5.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wanatah, IN
Wanatah, 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 — Wanatah, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Wanatah, IN is 62. This is a increase of 89.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $274,000 | -26.0% |
Listing Count | 9 | 115.0% |
| Listings as % of Homes | 0.5% | 115.0% |
Days on Market | 62 | 89.0% |
Demographics — Wanatah, IN
As of the latest ACS Survey released in 2023, Wanatah, IN has a population of 2,960, which has decreased by -3.9% over the past 5 years. Wanatah, IN is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,960 | -3.9% |
% Under 18 | 25.5% | 26.2% |
% Seniors | 15.3% | -12.1% |
% WFH | 4.7% | -16.1% |
% w/ College Degree | 20.2% | 16.1% |
As of the latest ACS Survey released in 2023, Wanatah, IN is a predominantly white area, with 93.9% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Wanatah, IN is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.9% of the population in Wanatah, IN, and this percentage has decreased by 13.6% 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 | 93.9% | 1.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.5% | -41.9% |
% Asian | 1.8% | ∞% |
% Foreign Born | 1.9% | -13.6% |
Mortgage and Risk — Wanatah, IN
According to HUD data as of 2023, there were 72 mortgage originations in Wanatah, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Wanatah, IN. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 72 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Wanatah, IN
Wanatah, 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 | $1,100 |
| 2 Bedroom | N/A | N/A | $1,330 |
| 3 Bedroom | N/A | N/A | $1,680 |
| 4 Bedroom | N/A | N/A | $1,940 |
Affordability — Wanatah, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $268,000 |
| Median Household Income | $79,200 |