Sunman, IN—47041
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | $331,000 | 3.2% |
| Single Family | $331,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $260,000 | 4.0% |
3 Bed | $341,000 | 3.0% |
4 Bed | $406,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Sunman, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Sunman, IN is 16. This is a decrease of -22.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $521,000 | 17.0% |
Listing Count | 10 | 35.0% |
| Listings as % of Homes | 0.3% | 35.0% |
Days on Market | 16 | -22.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Sunman, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $331,000 |
| Median Household Income | $86,800 |