Scottsburg, IN47170

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$209,000
5.1% YoY Growth
Median Household Income
$57,700
21.7% 5-Year Growth
Days on Market
37
8.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,000
19.0% YoY Growth
1-Bed Rent
$950
N/A
2-Bed Rent
$1,000
36.7% YoY Growth
3-Bed Rent
$1,350
0.0% YoY Growth

Property Listings — Scottsburg, IN

As of Oct '25, Realtor.com reports that the median days on market for a home in Scottsburg, IN is 37. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$240,000-6.0%
Listing Count
6077.0%
Listings as % of Homes0.5%77.0%
Days on Market
378.0%
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Demographics — Scottsburg, IN

As of the latest ACS Survey released in 2023, Scottsburg, IN has a population of 15,300, which has increased by 4.1% over the past 5 years. Scottsburg, IN is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
15,3004.1%
% Under 18
22.4%10.9%
% Seniors
19.3%13.5%
% WFH
4.2%13.5%
% w/ College Degree
13.1%-7.7%
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As of the latest ACS Survey released in 2023, Scottsburg, IN is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Scottsburg, IN is hispanic, making up 2.7% of the population. Foreign-born residents account for 1.5% of the population in Scottsburg, IN, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.3%-4.2%
% Black
0.5%66.7%
% Hispanic
2.7%50.0%
% Asian
0.0%-100.0%
% Foreign Born
1.5%50.0%
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Mortgage and Risk — Scottsburg, IN

According to HUD data as of 2023, there were 327 mortgage originations in Scottsburg, IN, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Scottsburg, IN. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
327
% Conventional Loans
65.0%
% Government Loans
35.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Scottsburg, IN

As of 2024, the percent of homes in Scottsburg, IN under the Section 8 program is 9.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Scottsburg, IN, because HUD payments exceed market rent, while 1-bedroom units do not.

Section 8 Market Size

Total Units under HUD
198
Total Units Section 8
164
% Rentals under Section 8
9.3%
% Occupied Section 8
90.6%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$130$950$820
2 Bedroom$80$1,000$1,080
3 Bedroom$60$1,350$1,410
4 Bedroom$130$1,300$1,430

Affordability — Scottsburg, IN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$209,000
Median Household Income$57,700

Scottsburg, IN — ZIP Code Boundary Map

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Frequently Asked Questions