Montpelier, IN—47359
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montpelier, IN
Montpelier, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $138,000 | 6.9% |
| Single Family | $138,000 | 7.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $97,000 | 6.6% |
3 Bed | $152,000 | 6.3% |
4 Bed | $169,000 | 8.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Montpelier, IN
Montpelier, 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 — Montpelier, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Montpelier, IN is 118. This is a increase of 64.0% 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 | $126,000 | -32.0% |
Listing Count | 10 | -3.0% |
| Listings as % of Homes | 0.1% | -3.0% |
Days on Market | 118 | 64.0% |
Demographics — Montpelier, IN
As of the latest ACS Survey released in 2023, Montpelier, IN has a population of 3,690, which has increased by 25.4% over the past 5 years. Montpelier, IN is a popular place for families, as children make up 30.0% of the population. The area has a poorly educated workforce, with 7.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,690 | 25.4% |
% Under 18 | 30.0% | 44.9% |
% Seniors | 13.4% | -17.8% |
% WFH | 12.2% | 1,642.9% |
% w/ College Degree | 7.4% | -12.9% |
As of the latest ACS Survey released in 2023, Montpelier, IN is a predominantly white area, with 90.2% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Montpelier, IN is hispanic, making up 3.3% of the population. Foreign-born residents account for 0.5% of the population in Montpelier, IN, and this percentage has decreased by 81.5% 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 | 90.2% | -3.9% |
% Black | 0.3% | ∞% |
% Hispanic | 3.3% | 450.0% |
% Asian | 0.5% | -68.8% |
% Foreign Born | 0.5% | -81.5% |
Mortgage and Risk — Montpelier, IN
According to HUD data as of 2023, there were 38 mortgage originations in Montpelier, IN, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Montpelier, IN. Investor activity is low, as 3.0% 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 | 38 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Montpelier, IN
Montpelier, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 60.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Montpelier, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $138,000 |
| Median Household Income | $67,300 |