Sunman, IN 47041 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Sunman, IN—47041

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$332,000

3.3% YoY Growth

Household Income

$86,800

27.6% YoY Growth

Days on Market

26.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Sunman, IN

Sunman, IN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$332,000	3.3%
Single Family	$333,000	3.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Sunman, IN

Sunman, 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

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% of Rental Stock

1 Bedroom

23.9%

2 Bedrooms

26.8%

3 Bedrooms

36.2%

4 Bedrooms

13.0%

Property Listings — Sunman, IN

As of Dec '25, Realtor.com reports that the median days on market for a home in Sunman, IN is 37. This is a decrease of -34.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$402,000	103.0%
Listing Count	6	60.0%
Listings as % of Homes	0.3%	60.0%
Days on Market	43	-26.0%

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Demographics — Sunman, IN

As of the latest ACS Survey released in 2023, Sunman, IN has a population of 6,150, which has decreased by -5.8% over the past 5 years. Sunman, IN is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,150	-5.8%
% Under 18	25.7%	5.3%
% Seniors	16.2%	25.6%
% WFH	7.6%	181.5%
% w/ College Degree	24.7%	43.6%

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As of the latest ACS Survey released in 2023, Sunman, IN is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Sunman, IN is hispanic, making up 2.0% of the population. Foreign-born residents account for 2.5% of the population in Sunman, IN, and this percentage has increased by 257.1% 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	94.6%	-1.0%
% Black	0.0%	-100.0%
% Hispanic	2.0%	-39.4%
% Asian	0.2%	∞%
% Foreign Born	2.5%	257.1%

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Mortgage and Risk — Sunman, IN

According to HUD data as of 2023, there were 66 mortgage originations in Sunman, IN, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Sunman, IN. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	66
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Sunman, IN

Sunman, 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	0.4%
% Occupied Section 8	N/A

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	N/A	N/A	$1,430
4 Bedroom	N/A	N/A	$1,590

Sunman, IN—47041

Key Metrics at a Glance

Home Price Trends — Sunman, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sunman, IN

% of Rental Stock

Property Listings — Sunman, IN

Demographics — Sunman, IN

Race and Ethnicity

Mortgage and Risk — Sunman, IN

Mortgages

Rentals and Section 8 — Sunman, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Sunman, IN

Home Price to Income Ratio

Sunman, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Milan, IN

Guilford, IN

Batesville, IN

Moores Hill, IN

New Trenton, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$332,000
Median Household Income	$86,800

Sunman, IN—47041

Key Metrics at a Glance

Home Price Trends — Sunman, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sunman, IN

% of Rental Stock

Property Listings — Sunman, IN

Demographics — Sunman, IN

Race and Ethnicity

Mortgage and Risk — Sunman, IN

Mortgages

Rentals and Section 8 — Sunman, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Sunman, IN

Home Price to Income Ratio

Sunman, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Milan, IN

Guilford, IN

Batesville, IN

Moores Hill, IN

New Trenton, IN

Frequently Asked Questions

What is the average home price in Sunman, IN 47041?

How have home prices in Sunman, IN 47041 changed over the past year?

What is the home price projection for Sunman, IN 47041?

What are the demographics of Sunman, IN 47041?

How long does it take homes to sell in Sunman, IN 47041?

What is the average rent price in Sunman, IN 47041?