Bunker Hill, IN—46914
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bunker Hill, IN
As of Oct '25, the median home price in Bunker Hill, IN is $190,000, with a year-over-year change of 7.9%. This indicates that home prices in Bunker Hill, IN are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $190,000 | 7.9% |
| Single Family | $190,000 | 8.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $136,000 | 6.2% |
3 Bed | $190,000 | 8.6% |
4 Bed | $224,000 | 6.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bunker Hill, IN
Bunker Hill, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $815 | $766 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $700 |
| 2 Bed Rent | $815 | $815 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bunker Hill, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Bunker Hill, IN is 99. This is a increase of 139.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $282,000 | 56.0% |
Listing Count | 2 | 167.0% |
| Listings as % of Homes | 0.2% | 167.0% |
Days on Market | 99 | 139.0% |
Demographics — Bunker Hill, IN
As of the latest ACS Survey released in 2023, Bunker Hill, IN has a population of 4,000, which has increased by 169.3% over the past 5 years. Bunker Hill, IN is a less popular place for families, as children make up 14.4% 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 1.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,000 | 169.3% |
% Under 18 | 14.4% | 6.7% |
% Seniors | 13.7% | -36.0% |
% WFH | 1.3% | -69.0% |
% w/ College Degree | 18.4% | 22.7% |
As of the latest ACS Survey released in 2023, Bunker Hill, IN is a predominantly white area, with 72.1% of the population identifying as white. The white population has shrunk by 21.5% in the last 5 years. The second most common race or ethnicity in Bunker Hill, IN is black, making up 14.3% of the population. Foreign-born residents account for 4.1% of the population in Bunker Hill, IN, and this percentage has increased by 105.0% 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 | 72.1% | -21.5% |
% Black | 14.3% | 130.6% |
% Hispanic | 4.8% | 336.4% |
% Asian | 4.4% | 388.9% |
% Foreign Born | 4.1% | 105.0% |
Mortgage and Risk — Bunker Hill, IN
According to HUD data as of 2023, there were 109 mortgage originations in Bunker Hill, IN, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Bunker Hill, IN. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 109 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Bunker Hill, IN
Bunker Hill, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $700 | $740 |
| 2 Bedroom | $115 | $815 | $930 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Bunker Hill, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $190,000 |
| Median Household Income | $59,200 |