Parker City, IN 47368 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Parker City, IN—47368

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$178,000

10.2% YoY Growth

Household Income

$69,900

31.9% YoY Growth

Days on Market

45.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Parker City, IN

Parker City, IN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$178,000	10.2%
Single Family	$178,000	10.6%
Condos	N/A	N/A

Cost per Home Size

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

Rental Trends — Parker City, IN

Parker City, 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

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% of Rental Stock

1 Bedroom

9.7%

2 Bedrooms

40.6%

3 Bedrooms

47.4%

4 Bedrooms

2.3%

Property Listings — Parker City, IN

As of May '26, Realtor.com reports that the median days on market for a home in Parker City, IN is 57. This is a increase of 45.0% 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	$175,000	13.0%
Listing Count	6	-46.0%
Listings as % of Homes	0.3%	-46.0%
Days on Market	57	45.0%

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Demographics — Parker City, IN

As of the latest ACS Survey released in 2023, Parker City, IN has a population of 2,120, which has decreased by -27.8% over the past 5 years. Parker City, IN is a popular place for families, as children make up 27.8% of the population. The area has a poorly educated workforce, with 14.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,120	-27.8%
% Under 18	27.8%	26.9%
% Seniors	23.7%	5.8%
% WFH	6.1%	74.3%
% w/ College Degree	14.5%	-30.3%

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As of the latest ACS Survey released in 2023, Parker City, IN is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Parker City, IN is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.6% of the population in Parker City, IN, and this percentage has increased by 20.0% 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	95.4%	-0.4%
% Black	0.0%	-100.0%
% Hispanic	1.6%	6.7%
% Asian	0.0%	-100.0%
% Foreign Born	0.6%	20.0%

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Mortgage and Risk — Parker City, IN

Parker City, IN lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Parker City, IN

Parker City, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	7
Total Units Section 8	7
% Rentals under Section 8	3.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$730
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,220
4 Bedroom	N/A	N/A	$1,260

Parker City, IN—47368

Key Metrics at a Glance

Home Price Trends — Parker City, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Parker City, IN

% of Rental Stock

Property Listings — Parker City, IN

Demographics — Parker City, IN

Race and Ethnicity

Mortgage and Risk — Parker City, IN

Mortgages

Rentals and Section 8 — Parker City, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Parker City, IN

Home Price to Income Ratio

Parker City, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Selma, IN

Albany, IN

Losantville, IN

Modoc, IN

Mooreland, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2
Median Home Price	$178,000
Median Household Income	$69,900

Parker City, IN—47368

Key Metrics at a Glance

Home Price Trends — Parker City, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Parker City, IN

% of Rental Stock

Property Listings — Parker City, IN

Demographics — Parker City, IN

Race and Ethnicity

Mortgage and Risk — Parker City, IN

Mortgages

Rentals and Section 8 — Parker City, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Parker City, IN

Home Price to Income Ratio

Parker City, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Selma, IN

Albany, IN

Losantville, IN

Modoc, IN

Mooreland, IN

Frequently Asked Questions

What is the average home price in Parker City, IN 47368?

How have home prices in Parker City, IN 47368 changed over the past year?

What is the home price projection for Parker City, IN 47368?

What are the demographics of Parker City, IN 47368?

How long does it take homes to sell in Parker City, IN 47368?

What is the average rent price in Parker City, IN 47368?