Rising Sun, IN—47040
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rising Sun, IN
As of Oct '25, the median home price in Rising Sun, IN is $253,000, with a year-over-year change of 4.8%. This indicates that home prices in Rising Sun, IN are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | 4.8% |
| Single Family | $252,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $192,000 | 5.5% |
3 Bed | $265,000 | 4.7% |
4 Bed | $308,000 | 5.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rising Sun, IN
Rising Sun, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rising Sun, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Rising Sun, IN is 27. This is a decrease of -19.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $320,000 | -27.0% |
Listing Count | 18 | 81.0% |
| Listings as % of Homes | 0.5% | 81.0% |
Days on Market | 27 | -19.0% |
Demographics — Rising Sun, IN
As of the latest ACS Survey released in 2023, Rising Sun, IN has a population of 5,410, which has increased by 7.6% over the past 5 years. Rising Sun, IN is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,410 | 7.6% |
% Under 18 | 21.1% | 4.5% |
% Seniors | 22.5% | 9.2% |
% WFH | 5.4% | 237.5% |
% w/ College Degree | 17.4% | 20.0% |
As of the latest ACS Survey released in 2023, Rising Sun, IN is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Rising Sun, IN is asian, making up 0.7% of the population. Foreign-born residents account for 0.7% of the population in Rising Sun, IN, and this percentage has decreased by 61.1% 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 | 93.9% | -1.5% |
% Black | 0.4% | -83.3% |
% Hispanic | 0.6% | -53.8% |
% Asian | 0.7% | 133.3% |
% Foreign Born | 0.7% | -61.1% |
Mortgage and Risk — Rising Sun, IN
According to HUD data as of 2023, there were 113 mortgage originations in Rising Sun, IN, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Rising Sun, IN. Investor activity is low, as 0.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Rising Sun, IN
Rising Sun, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | -$70 | $1,500 | $1,430 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Rising Sun, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $253,000 |
| Median Household Income | $68,900 |