Modoc, IN 47358 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Modoc, IN—47358

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$211,000

7.4% YoY Growth

Household Income

$75,700

61.2% YoY Growth

Days on Market

0.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,100

1.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,100

1.9% YoY Growth

Home Price Trends — Modoc, IN

Modoc, IN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$211,000	7.4%
Single Family	$211,000	8.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Modoc, IN

As of July '25, Rentcast reports the average rent in Modoc, IN is $1,100, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Modoc, IN is 3-bedrooms: $1,100. The most common rental property sizes in Modoc, IN are 2-bedroom and 3-bedroom, accounting for 50.0% and 43.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,100	$1,100
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,100	$1,100
4 Bed Rent	N/A	N/A

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% of Rental Stock

2 Bedrooms

50.0%

3 Bedrooms

43.5%

4 Bedrooms

6.5%

Property Listings — Modoc, IN

As of Dec '25, Realtor.com reports that the median days on market for a home in Modoc, IN is 52. This is a increase of 46.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$210,000	-61.0%
Listing Count	1	33.0%
Listings as % of Homes	0.7%	33.0%
Days on Market	84	0.0%

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Demographics — Modoc, IN

As of the latest ACS Survey released in 2023, Modoc, IN has a population of 917, which has decreased by -6.3% over the past 5 years. Modoc, 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 14.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	917	-6.3%
% Under 18	22.4%	5.7%
% Seniors	15.2%	-26.2%
% WFH	1.0%	-66.7%
% w/ College Degree	14.3%	-24.7%

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As of the latest ACS Survey released in 2023, Modoc, IN is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Modoc, IN is black, making up 0.0% of the population. Foreign-born residents account for 1.0% of the population in Modoc, IN, and this percentage has increased by 150.0% 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	93.6%	-2.7%
% Black	0.0%	-100.0%
% Hispanic	0.0%	N/A
% Asian	0.0%	N/A
% Foreign Born	1.0%	150.0%

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Mortgage and Risk — Modoc, IN

According to HUD data as of 2023, there were 43 mortgage originations in Modoc, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Modoc, IN. Investor activity is low, as 0.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	43
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	23.0%

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Rentals and Section 8 — Modoc, IN

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

Section 8 Market Size

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

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$770
2 Bedroom	N/A	N/A	$980
3 Bedroom	$150	$1,100	$1,250
4 Bedroom	N/A	N/A	$1,310

Modoc, IN—47358

Key Metrics at a Glance

Home Price Trends — Modoc, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Modoc, IN

% of Rental Stock

Property Listings — Modoc, IN

Demographics — Modoc, IN

Race and Ethnicity

Mortgage and Risk — Modoc, IN

Mortgages

Rentals and Section 8 — Modoc, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Modoc, IN

Home Price to Income Ratio

Modoc, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Losantville, IN

Economy, IN

Hagerstown, IN

Williamsburg, IN

Parker City, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$211,000
Median Household Income	$75,700

Modoc, IN—47358

Key Metrics at a Glance

Home Price Trends — Modoc, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Modoc, IN

% of Rental Stock

Property Listings — Modoc, IN

Demographics — Modoc, IN

Race and Ethnicity

Mortgage and Risk — Modoc, IN

Mortgages

Rentals and Section 8 — Modoc, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Modoc, IN

Home Price to Income Ratio

Modoc, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Losantville, IN

Economy, IN

Hagerstown, IN

Williamsburg, IN

Parker City, IN

Frequently Asked Questions

What is the average home price in Modoc, IN 47358?

How have home prices in Modoc, IN 47358 changed over the past year?

What is the home price projection for Modoc, IN 47358?

What are the demographics of Modoc, IN 47358?

How long does it take homes to sell in Modoc, IN 47358?

What is the average rent price in Modoc, IN 47358?