Culver, IN—46511
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Culver, IN
As of Oct '25, the median home price in Culver, IN is $328,000, with a year-over-year change of 2.2%. This indicates that home prices in Culver, IN are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $328,000 | 2.2% |
| Single Family | $313,000 | 1.6% |
| Condos | $515,000 | 5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $264,000 | 2.7% |
3 Bed | $306,000 | 1.3% |
4 Bed | $438,000 | 1.2% |
| 5 Bed | $1,379,000 | -0.7% |
% of Housing Stock
Rental Trends — Culver, IN
As of July '25, Rentcast reports the average rent in Culver, IN is $2,070, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Culver, IN is 1-bedrooms: $1,000, 2-bedrooms: $2,000, 4-bedrooms: $3,200. The most common rental property sizes in Culver, IN are 3-bedroom and 2-bedroom, accounting for 33.8% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,000 |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $3,200 | $3,200 |
% of Rental Stock
Property Listings — Culver, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Culver, IN is 50. This is a increase of 25.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $474,000 | 17.0% |
Listing Count | 35 | 66.0% |
| Listings as % of Homes | 0.4% | 66.0% |
Days on Market | 50 | 25.0% |
Demographics — Culver, IN
As of the latest ACS Survey released in 2023, Culver, IN has a population of 4,020, which has decreased by -5.5% over the past 5 years. Culver, IN is a moderately popular place for families, as children make up 17.2% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,020 | -5.5% |
% Under 18 | 17.2% | -23.6% |
% Seniors | 26.4% | 11.4% |
% WFH | 12.4% | 490.5% |
% w/ College Degree | 29.3% | 2.8% |
As of the latest ACS Survey released in 2023, Culver, IN is a predominantly white area, with 93.2% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Culver, IN is black, making up 1.3% of the population. Foreign-born residents account for 2.9% of the population in Culver, IN, and this percentage has increased by 314.3% 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 | 93.2% | -1.3% |
% Black | 1.3% | -53.6% |
% Hispanic | 1.1% | 10.0% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 2.9% | 314.3% |
Mortgage and Risk — Culver, IN
According to HUD data as of 2023, there were 73 mortgage originations in Culver, IN, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Culver, IN. Investor activity is low, as 1.0% of loans were by investors. 27.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 73 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 25.0% |
% Cash Out Refinance | 27.0% |
Loan Activity
Rentals and Section 8 — Culver, IN
Culver, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 10 |
% 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 | -$210 | $1,000 | $790 |
| 2 Bedroom | -$1,030 | $2,000 | $970 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | -$1,880 | $3,200 | $1,320 |
Affordability — Culver, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $328,000 |
| Median Household Income | $55,500 |