Fredonia, IN—47137
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fredonia, IN
Fredonia, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $163,000 | 2.6% |
| Single Family | $163,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $133,000 | 2.3% |
3 Bed | $190,000 | 1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fredonia, IN
Fredonia, 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 — Fredonia, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Fredonia, IN is 53. This is a decrease of -17.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 70.0% |
Listing Count | 7 | 100.0% |
| Listings as % of Homes | 0.3% | 100.0% |
Days on Market | 53 | -17.0% |
Demographics — Fredonia, IN
As of the latest ACS Survey released in 2023, Fredonia, IN has a population of 1,270, which has decreased by -21.2% over the past 5 years. Fredonia, IN is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 12.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,270 | -21.2% |
% Under 18 | 19.4% | 5.4% |
% Seniors | 30.7% | 13.7% |
% WFH | 2.7% | 68.8% |
% w/ College Degree | 12.3% | 8.8% |
As of the latest ACS Survey released in 2023, Fredonia, IN is a predominantly white area, with 98.6% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Fredonia, IN is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.0% of the population in Fredonia, IN, and this percentage has decreased by 100.0% 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 | 98.6% | 0.2% |
% Black | 0.4% | -42.9% |
% Hispanic | 0.9% | 800.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Fredonia, IN
According to HUD data as of 2023, there were 46 mortgage originations in Fredonia, IN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Fredonia, IN. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 46 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Fredonia, IN
Fredonia, 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 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | N/A | N/A | $1,540 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Fredonia, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $163,000 |
| Median Household Income | $54,700 |