Ossian, IN—46777
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ossian, IN
Ossian, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | 3.8% |
| Single Family | $253,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $197,000 | 4.8% |
3 Bed | $243,000 | 3.4% |
4 Bed | $323,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ossian, IN
Ossian, 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 — Ossian, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Ossian, IN is 45. This is a increase of 54.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $312,000 | 19.0% |
Listing Count | 10 | -22.0% |
| Listings as % of Homes | 0.4% | -22.0% |
Days on Market | 45 | 54.0% |
Demographics — Ossian, IN
As of the latest ACS Survey released in 2023, Ossian, IN has a population of 6,140, which has decreased by -4.9% over the past 5 years. Ossian, IN is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,140 | -4.9% |
% Under 18 | 22.8% | -13.3% |
% Seniors | 25.2% | 46.5% |
% WFH | 5.5% | 14.6% |
% w/ College Degree | 23.9% | 31.3% |
As of the latest ACS Survey released in 2023, Ossian, IN is a predominantly white area, with 97.0% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Ossian, IN is hispanic, making up 1.3% of the population. Foreign-born residents account for 1.0% of the population in Ossian, IN, and this percentage has decreased by 37.5% 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 | 97.0% | 1.6% |
% Black | 0.5% | ∞% |
% Hispanic | 1.3% | -31.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.0% | -37.5% |
Mortgage and Risk — Ossian, IN
According to HUD data as of 2023, there were 144 mortgage originations in Ossian, IN, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Ossian, IN. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 144 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Ossian, IN
Ossian, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Ossian, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $253,000 |
| Median Household Income | $69,300 |