Woodburn, IN—46797
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woodburn, IN
As of Oct '25, the median home price in Woodburn, IN is $265,000, with a year-over-year change of 3.9%. This indicates that home prices in Woodburn, 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 | $265,000 | 3.9% |
| Single Family | $265,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $188,000 | 3.9% |
3 Bed | $250,000 | 3.3% |
4 Bed | $307,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Woodburn, IN
As of July '25, Rentcast reports the average rent in Woodburn, IN is $1,270, with a year-over-year rent change of 7.6%. Per bedroom, the median rent as of July '25 in Woodburn, IN is 2-bedrooms: $1,200, 3-bedrooms: $1,400. The most common rental property sizes in Woodburn, IN are 3-bedroom and 2-bedroom, accounting for 70.5% and 20.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,270 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Woodburn, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Woodburn, IN is 42. This is a decrease of -37.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $316,000 | -1.0% |
Listing Count | 21 | 17.0% |
| Listings as % of Homes | 0.2% | 17.0% |
Days on Market | 42 | -37.0% |
Demographics — Woodburn, IN
As of the latest ACS Survey released in 2023, Woodburn, IN has a population of 4,440, which has increased by 23.4% over the past 5 years. Woodburn, IN is a popular place for families, as children make up 34.0% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,440 | 23.4% |
% Under 18 | 34.0% | 24.1% |
% Seniors | 10.9% | -14.8% |
% WFH | 5.9% | 22.9% |
% w/ College Degree | 16.0% | -10.1% |
As of the latest ACS Survey released in 2023, Woodburn, IN is a predominantly white area, with 95.5% 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 Woodburn, IN is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.2% of the population in Woodburn, IN, and this percentage has decreased by 71.4% 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 | 95.5% | -1.4% |
% Black | 0.2% | 0.0% |
% Hispanic | 1.6% | -20.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.2% | -71.4% |
Mortgage and Risk — Woodburn, IN
According to HUD data as of 2023, there were 158 mortgage originations in Woodburn, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Woodburn, IN. Investor activity is low, as 1.0% 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 | 158 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Woodburn, IN
Woodburn, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | $0 | $1,200 | $1,200 |
| 3 Bedroom | $110 | $1,400 | $1,510 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Woodburn, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $265,000 |
| Median Household Income | $92,000 |