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Montpelier, IN—47359

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$138,000
6.4% YoY Growth
Household Income
$67,300
53.1% YoY Growth
Days on Market
87
97.0% Longer YoY
Home Price Forecast
N/A
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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Montpelier, IN

Montpelier, IN lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$138,0006.4%
Single Family $139,0005.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    		$97,0003.2%
    3 Bed
    		$153,0004.8%
    4 Bed
    		$168,0006.3%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.8%
    1 Bedroom
    9.5%
    2 Bedrooms
    26.5%
    3 Bedrooms
    43.5%
    4 Bedrooms
    12.2%
    5+ Bedrooms
    7.5%

    Rental Trends — Montpelier, IN

    Montpelier, IN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    0.9%
    1 Bedroom
    22.6%
    2 Bedrooms
    36.9%
    3 Bedrooms
    26.3%
    4 Bedrooms
    3.4%
    5+ Bedrooms
    10.0%

    Property Listings — Montpelier, IN

    As of Dec '25, Realtor.com reports that the median days on market for a home in Montpelier, IN is 136. This is a increase of 76.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$132,000-25.0%
    Listing Count
    		9-10.0%
    Listings as % of Homes0.1%-10.0%
    Days on Market
    		8797.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		3,69025.4%
    % Under 18
    		30.0%44.9%
    % Seniors
    		13.4%-17.8%
    % WFH
    		12.2%1,642.9%
    % w/ College Degree
    		7.4%-12.9%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$790
    2 BedroomN/AN/A$960
    3 BedroomN/AN/A$1,200
    4 BedroomN/AN/A$1,480

    Affordability — Montpelier, IN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.7
    Median Home Price$138,000
    Median Household Income$67,300

    Montpelier, IN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Greenville, IN

    46781

    Keystone, IN

    46759

    Liberty Center, IN

    46766

    Dunkirk, IN

    47336

    Bluffton, IN

    46714

    Frequently Asked Questions