Pierceton, IN 46562 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pierceton, IN—46562

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$237,000

0.9% YoY Growth

Household Income

$61,600

14.0% YoY Growth

Days on Market

48.0% Shorter YoY

Home Price Forecast

2.2%

Median Rent

$900

N/A

1-Bed Rent

N/A

2-Bed Rent

$900

N/A

3-Bed Rent

$1,260

N/A

Home Price Trends — Pierceton, IN

As of Dec '25, the median home price in Pierceton, IN is $237,000, with a year-over-year change of 0.9%. This indicates that home prices in Pierceton, IN are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$237,000	0.9%
Single Family	$240,000	2.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pierceton, IN

Pierceton, IN lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$900	$1,080
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$900	$900
3 Bed Rent	$1,260	$1,260
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

14.2%

2 Bedrooms

51.3%

3 Bedrooms

33.3%

4 Bedrooms

1.3%

Property Listings — Pierceton, IN

As of Dec '25, Realtor.com reports that the median days on market for a home in Pierceton, IN is 25. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter 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	$216,000	-27.0%
Listing Count	13	-28.0%
Listings as % of Homes	0.3%	-28.0%
Days on Market	39	-48.0%

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Demographics — Pierceton, IN

As of the latest ACS Survey released in 2023, Pierceton, IN has a population of 5,120, which has decreased by -3.3% over the past 5 years. Pierceton, IN is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,120	-3.3%
% Under 18	23.5%	-5.2%
% Seniors	20.5%	29.7%
% WFH	8.8%	417.6%
% w/ College Degree	13.6%	-14.5%

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As of the latest ACS Survey released in 2023, Pierceton, IN is a predominantly white area, with 91.9% of the population identifying as white. The white population has grown by 3.3% in the last 5 years. The second most common race or ethnicity in Pierceton, IN is hispanic, making up 5.2% of the population. Foreign-born residents account for 1.6% of the population in Pierceton, IN, and this percentage has decreased by 11.1% 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	91.9%	3.3%
% Black	0.5%	∞%
% Hispanic	5.2%	-30.7%
% Asian	0.0%	-100.0%
% Foreign Born	1.6%	-11.1%

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Mortgage and Risk — Pierceton, IN

According to HUD data as of 2023, there were 98 mortgage originations in Pierceton, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Pierceton, IN. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	98
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Pierceton, IN

Pierceton, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	1.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$810
2 Bedroom	$90	$900	$990
3 Bedroom	-$10	$1,260	$1,250
4 Bedroom	N/A	N/A	$1,360

Pierceton, IN—46562

Key Metrics at a Glance

Home Price Trends — Pierceton, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pierceton, IN

% of Rental Stock

Property Listings — Pierceton, IN

Demographics — Pierceton, IN

Race and Ethnicity

Mortgage and Risk — Pierceton, IN

Mortgages

Rentals and Section 8 — Pierceton, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Pierceton, IN

Home Price to Income Ratio

Pierceton, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Larwill, IN

Winona Lake, IN

North Webster, IN

South Whitley, IN

Warsaw, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$237,000
Median Household Income	$61,600

Pierceton, IN—46562

Key Metrics at a Glance

Home Price Trends — Pierceton, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pierceton, IN

% of Rental Stock

Property Listings — Pierceton, IN

Demographics — Pierceton, IN

Race and Ethnicity

Mortgage and Risk — Pierceton, IN

Mortgages

Rentals and Section 8 — Pierceton, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Pierceton, IN

Home Price to Income Ratio

Pierceton, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Larwill, IN

Winona Lake, IN

North Webster, IN

South Whitley, IN

Warsaw, IN

Frequently Asked Questions

What is the average home price in Pierceton, IN 46562?

How have home prices in Pierceton, IN 46562 changed over the past year?

What is the home price projection for Pierceton, IN 46562?

What are the demographics of Pierceton, IN 46562?

How long does it take homes to sell in Pierceton, IN 46562?

What is the average rent price in Pierceton, IN 46562?