Mentone, IN—46539
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mentone, IN
As of Oct '25, the median home price in Mentone, IN is $198,000, with a year-over-year change of 4.5%. This indicates that home prices in Mentone, IN are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | 4.6% |
| Single Family | $198,000 | 4.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $163,000 | 5.2% |
3 Bed | $208,000 | 5.6% |
4 Bed | $241,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mentone, IN
Mentone, 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 — Mentone, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Mentone, IN is 59. This is a increase of 3.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $545,000 | 79.0% |
Listing Count | 5 | 24.0% |
| Listings as % of Homes | 0.3% | 24.0% |
Days on Market | 59 | 3.0% |
Demographics — Mentone, IN
As of the latest ACS Survey released in 2023, Mentone, IN has a population of 2,570, which has increased by 1.2% over the past 5 years. Mentone, IN is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 8.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,570 | 1.2% |
% Under 18 | 25.6% | 2.0% |
% Seniors | 16.6% | 5.7% |
% WFH | 6.1% | 19.6% |
% w/ College Degree | 8.3% | -39.9% |
As of the latest ACS Survey released in 2023, Mentone, IN is a predominantly white area, with 90.6% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Mentone, IN is hispanic, making up 8.0% of the population. Foreign-born residents account for 1.7% of the population in Mentone, IN, and this percentage has increased by 325.0% 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 | 90.6% | -7.1% |
% Black | 0.8% | 300.0% |
% Hispanic | 8.0% | 433.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.7% | 325.0% |
Mortgage and Risk — Mentone, IN
Mentone, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Mentone, IN
Mentone, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 2 |
% 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 | $790 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Mentone, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $198,000 |
| Median Household Income | $76,800 |