Kendallville, IN—46755
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kendallville, IN
As of Oct '25, the median home price in Kendallville, IN is $216,000, with a year-over-year change of 5.5%. This indicates that home prices in Kendallville, IN are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $216,000 | 5.5% |
| Single Family | $219,000 | 5.3% |
| Condos | $159,000 | 6.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $163,000 | 5.8% |
3 Bed | $219,000 | 5.3% |
4 Bed | $268,000 | 5.1% |
| 5 Bed | $352,000 | 4.5% |
% of Housing Stock
Rental Trends — Kendallville, IN
As of July '25, Rentcast reports the average rent in Kendallville, IN is $978, with a year-over-year rent change of 9.5%. Per bedroom, the median rent as of July '25 in Kendallville, IN is 1-bedrooms: $845, 2-bedrooms: $919, 3-bedrooms: $1,700. The most common rental property sizes in Kendallville, IN are 2-bedroom and 1-bedroom, accounting for 47.5% and 36.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $978 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $845 | $845 |
| 2 Bed Rent | $850 | $919 |
| 3 Bed Rent | $1,700 | $1,700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kendallville, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Kendallville, IN is 66. This is a increase of 37.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $262,000 | -2.0% |
Listing Count | 59 | 43.0% |
| Listings as % of Homes | 0.3% | 43.0% |
Days on Market | 66 | 37.0% |
Demographics — Kendallville, IN
As of the latest ACS Survey released in 2023, Kendallville, IN has a population of 15,500, which has increased by 1.8% over the past 5 years. Kendallville, IN is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,500 | 1.8% |
% Under 18 | 23.7% | -2.5% |
% Seniors | 17.0% | 0.0% |
% WFH | 4.4% | 175.0% |
% w/ College Degree | 17.4% | 10.1% |
As of the latest ACS Survey released in 2023, Kendallville, IN is a predominantly white area, with 88.3% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Kendallville, IN is hispanic, making up 7.6% of the population. Foreign-born residents account for 7.2% of the population in Kendallville, IN, and this percentage has increased by 94.6% 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 | 88.3% | -4.8% |
% Black | 0.1% | -90.0% |
% Hispanic | 7.6% | 137.5% |
% Asian | 1.4% | 7.7% |
% Foreign Born | 7.2% | 94.6% |
Mortgage and Risk — Kendallville, IN
According to HUD data as of 2023, there were 333 mortgage originations in Kendallville, IN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Kendallville, IN. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 333 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Kendallville, IN
Kendallville, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 315 |
Total Units Section 8 | 174 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$135 | $845 | $710 |
| 2 Bedroom | $80 | $850 | $930 |
| 3 Bedroom | -$580 | $1,700 | $1,120 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Kendallville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $216,000 |
| Median Household Income | $66,000 |