Twelve Mile, IN 46988 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Twelve Mile, IN—46988

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$215,000

1.0% YoY Growth

Household Income

$51,800

17.0% YoY Growth

Days on Market

151

25.0% Longer YoY

Home Price Forecast

1.6%

Median Rent

$1,030

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Twelve Mile, IN

As of May '26, the median home price in Twelve Mile, IN is $215,000, with a year-over-year change of 1.0%. This indicates that home prices in Twelve Mile, IN are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$215,000	1.0%
Single Family	$215,000	1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Twelve Mile, IN

Twelve Mile, IN lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,030	$1,030
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	$1,030	$1,030

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% of Rental Stock

1 Bedroom

10.3%

2 Bedrooms

33.3%

3 Bedrooms

56.4%

Property Listings — Twelve Mile, IN

As of May '26, Realtor.com reports that the median days on market for a home in Twelve Mile, IN is 151. This is a increase of 25.0% 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	$121,000	-56.0%
Listing Count	3	17.0%
Listings as % of Homes	N/A	17.0%
Days on Market	151	25.0%

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Demographics — Twelve Mile, IN

As of the latest ACS Survey released in 2023, Twelve Mile, IN has a population of 909, which has decreased by -11.4% over the past 5 years. Twelve Mile, IN is a popular place for families, as children make up 32.5% of the population. The area has a poorly educated workforce, with 11.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	909	-11.4%
% Under 18	32.5%	12.5%
% Seniors	24.5%	24.4%
% WFH	13.5%	164.7%
% w/ College Degree	11.3%	-18.1%

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As of the latest ACS Survey released in 2023, Twelve Mile, IN is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Twelve Mile, IN is hispanic, making up 1.3% of the population. Foreign-born residents account for 1.3% of the population in Twelve Mile, IN, and this percentage has increased by Inf% 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	92.8%	-5.9%
% Black	0.0%	N/A
% Hispanic	1.3%	∞%
% Asian	0.0%	N/A
% Foreign Born	1.3%	∞%

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Mortgage and Risk — Twelve Mile, IN

Twelve Mile, IN lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Twelve Mile, IN

Twelve Mile, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% 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	N/A	N/A	$800
2 Bedroom	N/A	N/A	$960
3 Bedroom	N/A	N/A	$1,260
4 Bedroom	$240	$1,030	$1,270

Twelve Mile, IN—46988

Key Metrics at a Glance

Home Price Trends — Twelve Mile, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Twelve Mile, IN

% of Rental Stock

Property Listings — Twelve Mile, IN

Demographics — Twelve Mile, IN

Race and Ethnicity

Mortgage and Risk — Twelve Mile, IN

Mortgages

Rentals and Section 8 — Twelve Mile, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Twelve Mile, IN

Home Price to Income Ratio

Twelve Mile, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Mexico

Lucerne, IN

Macy, IN

Logansport, IN

Denver, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$215,000
Median Household Income	$51,800

Twelve Mile, IN—46988

Key Metrics at a Glance

Home Price Trends — Twelve Mile, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Twelve Mile, IN

% of Rental Stock

Property Listings — Twelve Mile, IN

Demographics — Twelve Mile, IN

Race and Ethnicity

Mortgage and Risk — Twelve Mile, IN

Mortgages

Rentals and Section 8 — Twelve Mile, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Twelve Mile, IN

Home Price to Income Ratio

Twelve Mile, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Mexico

Lucerne, IN

Macy, IN

Logansport, IN

Denver, IN

Frequently Asked Questions

What is the average home price in Twelve Mile, IN 46988?

How have home prices in Twelve Mile, IN 46988 changed over the past year?

What is the home price projection for Twelve Mile, IN 46988?

What are the demographics of Twelve Mile, IN 46988?

How long does it take homes to sell in Twelve Mile, IN 46988?

What is the average rent price in Twelve Mile, IN 46988?