Ligonier, IN—46767
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ligonier, IN
As of Oct '25, the median home price in Ligonier, IN is $234,000, with a year-over-year change of 3.7%. This indicates that home prices in Ligonier, IN are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $234,000 | 3.7% |
| Single Family | $234,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $163,000 | 1.9% |
3 Bed | $223,000 | 3.7% |
4 Bed | $282,000 | 4.4% |
| 5 Bed | $480,000 | 1.7% |
% of Housing Stock
Rental Trends — Ligonier, IN
As of July '25, Rentcast reports the average rent in Ligonier, IN is $800, with a year-over-year rent change of 7.0%. Per bedroom, the median rent as of July '25 in Ligonier, IN is 1-bedrooms: $800. The most common rental property sizes in Ligonier, IN are 2-bedroom and 3-bedroom, accounting for 47.7% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 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 — Ligonier, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Ligonier, IN is 54. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $303,000 | 5.0% |
Listing Count | 12 | -39.0% |
| Listings as % of Homes | 0.4% | -39.0% |
Days on Market | 54 | 1.0% |
Demographics — Ligonier, IN
As of the latest ACS Survey released in 2023, Ligonier, IN has a population of 8,980, which has increased by 7.6% over the past 5 years. Ligonier, IN is a popular place for families, as children make up 32.4% of the population. The area has a poorly educated workforce, with 8.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,980 | 7.6% |
% Under 18 | 32.4% | -1.2% |
% Seniors | 10.1% | 3.1% |
% WFH | 1.8% | 157.1% |
% w/ College Degree | 8.8% | 27.5% |
As of the latest ACS Survey released in 2023, Ligonier, IN is a predominantly white area, with 63.5% of the population identifying as white. The white population has grown by 11.8% in the last 5 years. The second most common race or ethnicity in Ligonier, IN is hispanic, making up 35.4% of the population. Foreign-born residents account for 13.3% of the population in Ligonier, IN, and this percentage has decreased by 17.4% 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 | 63.5% | 11.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 35.4% | -13.2% |
% Asian | 0.3% | -66.7% |
% Foreign Born | 13.3% | -17.4% |
Mortgage and Risk — Ligonier, IN
According to HUD data as of 2023, there were 185 mortgage originations in Ligonier, IN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Ligonier, IN. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 185 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Ligonier, IN
Ligonier, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $800 | $800 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Ligonier, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $234,000 |
| Median Household Income | $75,800 |