Berne, IN—46711
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Berne, IN
As of Oct '25, the median home price in Berne, IN is $240,000, with a year-over-year change of 7.8%. This indicates that home prices in Berne, IN are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | 7.9% |
| Single Family | $240,000 | 8.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $380,000 | 3.5% |
2 Bed | $190,000 | 9.2% |
3 Bed | $217,000 | 8.0% |
4 Bed | $250,000 | 9.2% |
| 5 Bed | $447,000 | 6.4% |
% of Housing Stock
Rental Trends — Berne, IN
Berne, 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 — Berne, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Berne, IN is 54. This is a increase of 16.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $208,000 | 12.0% |
Listing Count | 15 | 38.0% |
| Listings as % of Homes | 0.1% | 38.0% |
Days on Market | 54 | 16.0% |
Demographics — Berne, IN
As of the latest ACS Survey released in 2023, Berne, IN has a population of 8,210, which has decreased by -1.2% over the past 5 years. Berne, IN is a popular place for families, as children make up 39.5% 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 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,210 | -1.2% |
% Under 18 | 39.5% | 7.0% |
% Seniors | 12.8% | -17.4% |
% WFH | 7.1% | 18.3% |
% w/ College Degree | 18.4% | -4.2% |
As of the latest ACS Survey released in 2023, Berne, IN is a predominantly white area, with 97.2% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Berne, IN is hispanic, making up 1.9% of the population. Foreign-born residents account for 1.9% of the population in Berne, IN, and this percentage has increased by 72.7% 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 | 97.2% | 0.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.9% | 137.5% |
% Asian | 0.2% | -75.0% |
% Foreign Born | 1.9% | 72.7% |
Mortgage and Risk — Berne, IN
According to HUD data as of 2023, there were 65 mortgage originations in Berne, IN, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Berne, IN. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Berne, IN
Berne, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 85 |
Total Units Section 8 | 85 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 70.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Berne, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $240,000 |
| Median Household Income | $59,800 |