Austin, IN—47102
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Austin, IN
Austin, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $158,000 | 3.9% |
| Single Family | $158,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $119,000 | 3.5% |
3 Bed | $166,000 | 5.1% |
4 Bed | $211,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Austin, IN
As of July '25, Rentcast reports the average rent in Austin, IN is $1,200, with a year-over-year rent change of -25.0%. Per bedroom, the median rent as of July '25 in Austin, IN is 3-bedrooms: $1,200. The most common rental property sizes in Austin, IN are 2-bedroom and studio, accounting for 33.4% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $850 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Austin, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Austin, IN is 29. This is a decrease of -24.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $184,000 | 11.0% |
Listing Count | 36 | 106.0% |
| Listings as % of Homes | 0.4% | 106.0% |
Days on Market | 29 | -24.0% |
Demographics — Austin, IN
As of the latest ACS Survey released in 2023, Austin, IN has a population of 6,650, which has decreased by -4.6% over the past 5 years. Austin, IN is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 9.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,650 | -4.6% |
% Under 18 | 19.5% | -17.7% |
% Seniors | 19.6% | 31.5% |
% WFH | 7.3% | 217.4% |
% w/ College Degree | 9.6% | 35.2% |
As of the latest ACS Survey released in 2023, Austin, IN is a predominantly white area, with 96.5% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Austin, IN is hispanic, making up 2.4% of the population. Foreign-born residents account for 0.7% of the population in Austin, IN, and this percentage has decreased by 22.2% 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 | 96.5% | 2.2% |
% Black | 0.0% | N/A |
% Hispanic | 2.4% | -27.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.7% | -22.2% |
Mortgage and Risk — Austin, IN
According to HUD data as of 2023, there were 161 mortgage originations in Austin, IN, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Austin, IN. Investor activity is low, as 1.0% 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 | 161 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Austin, IN
Austin, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 139 |
Total Units Section 8 | 139 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | $370 | $850 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Austin, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $158,000 |
| Median Household Income | $47,600 |