Auburn, IN 46706 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Auburn, IN—46706

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$265,000

4.9% YoY Growth

Household Income

$76,300

40.3% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

4.0%

Median Rent

$995

6.0% YoY Growth

1-Bed Rent

$800

52.8% YoY Growth

2-Bed Rent

$1,200

1.8% YoY Growth

3-Bed Rent

$1,400

0.0% YoY Growth

Home Price Trends — Auburn, IN

As of Dec '25, the median home price in Auburn, IN is $265,000, with a year-over-year change of 4.9%. This indicates that home prices in Auburn, IN are increasing. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$265,000	4.9%
Single Family	$266,000	5.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Auburn, IN

As of July '25, Rentcast reports the average rent in Auburn, IN is $1,100, with a year-over-year rent change of -6.0%. Per bedroom, the median rent as of July '25 in Auburn, IN is 1-bedrooms: $816, 2-bedrooms: $1,120, 3-bedrooms: $1,450, 4-bedrooms: $1,950. The most common rental property sizes in Auburn, IN are 2-bedroom and 1-bedroom, accounting for 55.0% and 21.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$995	$1,100
Studio Rent	N/A	N/A
1 Bed Rent	$800	$816
2 Bed Rent	$1,200	$1,120
3 Bed Rent	$1,400	$1,450
4 Bed Rent	$1,500	$1,950

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% of Rental Stock

Studio

1.0%

1 Bedroom

21.9%

2 Bedrooms

55.0%

3 Bedrooms

18.6%

4 Bedrooms

2.2%

5+ Bedrooms

1.2%

Property Listings — Auburn, IN

As of Dec '25, Realtor.com reports that the median days on market for a home in Auburn, IN is 36. This is a decrease of -15.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$374,000	8.0%
Listing Count	50	-24.0%
Listings as % of Homes	0.4%	-24.0%
Days on Market	61	-15.0%

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Demographics — Auburn, IN

As of the latest ACS Survey released in 2023, Auburn, IN has a population of 20,300, which has increased by 10.8% over the past 5 years. Auburn, IN is a moderately popular place for families, as children make up 24.0% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	20,300	10.8%
% Under 18	24.0%	5.3%
% Seniors	17.0%	3.7%
% WFH	3.3%	83.3%
% w/ College Degree	26.7%	21.4%

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As of the latest ACS Survey released in 2023, Auburn, IN is a predominantly white area, with 95.7% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Auburn, IN is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.5% of the population in Auburn, IN, and this percentage has increased by 50.0% 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	95.7%	-1.4%
% Black	0.1%	-80.0%
% Hispanic	2.4%	50.0%
% Asian	0.2%	-33.3%
% Foreign Born	1.5%	50.0%

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Mortgage and Risk — Auburn, IN

According to HUD data as of 2023, there were 433 mortgage originations in Auburn, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Auburn, IN. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	433
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Auburn, IN

As of 2024, the percent of homes in Auburn, IN under the Section 8 program is 6.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Auburn, IN, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	94
Total Units Section 8	94
% Rentals under Section 8	6.2%
% Occupied Section 8	94.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$10	$800	$810
2 Bedroom	-$210	$1,200	$990
3 Bedroom	-$150	$1,400	$1,250
4 Bedroom	-$150	$1,500	$1,350

Auburn, IN—46706

Key Metrics at a Glance

Home Price Trends — Auburn, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Auburn, IN

% of Rental Stock

Property Listings — Auburn, IN

Demographics — Auburn, IN

Race and Ethnicity

Mortgage and Risk — Auburn, IN

Mortgages

Rentals and Section 8 — Auburn, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Auburn, IN

Home Price to Income Ratio

Auburn, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Garrett, IN

Leo, IN

Waterloo, IN

Spencerville, IN

Wakarusa, Fort Wayne, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$265,000
Median Household Income	$76,300

Auburn, IN—46706

Key Metrics at a Glance

Home Price Trends — Auburn, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Auburn, IN

% of Rental Stock

Property Listings — Auburn, IN

Demographics — Auburn, IN

Race and Ethnicity

Mortgage and Risk — Auburn, IN

Mortgages

Rentals and Section 8 — Auburn, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Auburn, IN

Home Price to Income Ratio

Auburn, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Garrett, IN

Leo, IN

Waterloo, IN

Spencerville, IN

Wakarusa, Fort Wayne, IN

Frequently Asked Questions

What is the average home price in Auburn, IN 46706?

How have home prices in Auburn, IN 46706 changed over the past year?

What is the home price projection for Auburn, IN 46706?

What are the demographics of Auburn, IN 46706?

How long does it take homes to sell in Auburn, IN 46706?

What is the average rent price in Auburn, IN 46706?