Brownstown, IN47220

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$242,000
4.7% YoY Growth
Median Household Income
$69,700
30.9% 5-Year Growth
Days on Market
97
55.0% Longer than last year
Home Price Forecast
1.8%
Median 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

Other Zip Codes in Brownstown, IN

Property Listings — Brownstown, IN

As of Oct '25, Realtor.com reports that the median days on market for a home in Brownstown, IN is 97. This is a increase of 55.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$255,00033.0%
Listing Count
1648.0%
Listings as % of Homes0.6%48.0%
Days on Market
9755.0%
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Demographics — Brownstown, IN

As of the latest ACS Survey released in 2023, Brownstown, IN has a population of 6,070, which has increased by 4.6% over the past 5 years. Brownstown, IN is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
6,0704.6%
% Under 18
22.0%-3.9%
% Seniors
25.2%61.5%
% WFH
2.5%78.6%
% w/ College Degree
22.8%37.3%
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As of the latest ACS Survey released in 2023, Brownstown, IN is a predominantly white area, with 98.1% of the population identifying as white. The white population has grown by 2.9% in the last 5 years. The second most common race or ethnicity in Brownstown, IN is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.5% of the population in Brownstown, IN, and this percentage has decreased by 58.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
98.1%2.9%
% Black
0.6%100.0%
% Hispanic
1.0%-9.1%
% Asian
0.1%-83.3%
% Foreign Born
0.5%-58.3%
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Mortgage and Risk — Brownstown, IN

According to HUD data as of 2023, there were 70 mortgage originations in Brownstown, IN, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Brownstown, IN. Investor activity is low, as 6.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
70
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
6.0%
% Second Loans
0.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Brownstown, IN

Brownstown, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
70
Total Units Section 8
70
% Rentals under Section 8
N/A
% Occupied Section 8
88.8%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$750
2 BedroomN/AN/A$990
3 BedroomN/AN/A$1,190
4 BedroomN/AN/A$1,310

Affordability — Brownstown, IN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$242,000
Median Household Income$69,700

Brownstown, IN — ZIP Code Boundary Map

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Frequently Asked Questions