Walkerton, IN—46574
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walkerton, IN
As of Oct '25, the median home price in Walkerton, IN is $223,000, with a year-over-year change of 5.1%. This indicates that home prices in Walkerton, IN are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $223,000 | 5.1% |
| Single Family | $223,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $118,000 | 2.6% |
2 Bed | $173,000 | 4.8% |
3 Bed | $242,000 | 5.7% |
4 Bed | $307,000 | 4.8% |
| 5 Bed | $338,000 | 5.3% |
% of Housing Stock
Rental Trends — Walkerton, IN
As of July '25, Rentcast reports the average rent in Walkerton, IN is $1,300, with a year-over-year rent change of 6.6%. Per bedroom, the median rent as of July '25 in Walkerton, IN is 1-bedrooms: $1,300, 3-bedrooms: $1,300. The most common rental property sizes in Walkerton, IN are 2-bedroom and 3-bedroom, accounting for 44.2% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Walkerton, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Walkerton, IN is 41. This is a increase of 9.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $269,000 | 11.0% |
Listing Count | 27 | -14.0% |
| Listings as % of Homes | 0.5% | -14.0% |
Days on Market | 41 | 9.0% |
Demographics — Walkerton, IN
As of the latest ACS Survey released in 2023, Walkerton, IN has a population of 7,410, which has decreased by -20.9% over the past 5 years. Walkerton, IN is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,410 | -20.9% |
% Under 18 | 20.0% | -10.7% |
% Seniors | 21.5% | 25.0% |
% WFH | 4.0% | 100.0% |
% w/ College Degree | 18.4% | 26.0% |
As of the latest ACS Survey released in 2023, Walkerton, IN is a predominantly white area, with 89.4% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Walkerton, IN is hispanic, making up 6.6% of the population. Foreign-born residents account for 2.4% of the population in Walkerton, IN, and this percentage has increased by 71.4% 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 | 89.4% | -6.2% |
% Black | 0.5% | 400.0% |
% Hispanic | 6.6% | 164.0% |
% Asian | 0.2% | -83.3% |
% Foreign Born | 2.4% | 71.4% |
Mortgage and Risk — Walkerton, IN
According to HUD data as of 2023, there were 209 mortgage originations in Walkerton, IN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Walkerton, IN. Investor activity is low, as 1.0% 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 | 209 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Walkerton, IN
Walkerton, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$520 | $1,300 | $780 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | -$130 | $1,300 | $1,170 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Walkerton, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $223,000 |
| Median Household Income | $74,000 |