Lakeville, IN—46536
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lakeville, IN
As of Oct '25, the median home price in Lakeville, IN is $268,000, with a year-over-year change of 4.1%. This indicates that home prices in Lakeville, IN are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $268,000 | 4.1% |
| Single Family | $268,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $171,000 | 4.9% |
3 Bed | $278,000 | 4.5% |
4 Bed | $344,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lakeville, IN
Lakeville, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $985 | $985 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $985 | $985 |
| 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 — Lakeville, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Lakeville, IN is 30. This is a increase of 36.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $362,000 | 9.0% |
Listing Count | 13 | -29.0% |
| Listings as % of Homes | 0.5% | -29.0% |
Days on Market | 30 | 36.0% |
Demographics — Lakeville, IN
As of the latest ACS Survey released in 2023, Lakeville, IN has a population of 3,090, which has remained stable by 0.7% over the past 5 years. Lakeville, IN is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,090 | 0.7% |
% Under 18 | 22.3% | 4.2% |
% Seniors | 19.6% | 12.6% |
% WFH | 6.8% | 112.5% |
% w/ College Degree | 19.0% | -3.1% |
As of the latest ACS Survey released in 2023, Lakeville, IN is a predominantly white area, with 93.3% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Lakeville, IN is hispanic, making up 3.2% of the population. Foreign-born residents account for 0.4% of the population in Lakeville, IN, and this percentage has decreased by 88.2% 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 | 93.3% | 0.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.2% | 113.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.4% | -88.2% |
Mortgage and Risk — Lakeville, IN
According to HUD data as of 2023, there were 89 mortgage originations in Lakeville, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Lakeville, IN. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 89 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Lakeville, IN
Lakeville, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | 9.4% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$125 | $985 | $860 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Lakeville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $268,000 |
| Median Household Income | $77,400 |