French Lick, IN—47432
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — French Lick, IN
French Lick, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | 4.5% |
| Single Family | $186,000 | 4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $148,000 | 5.0% |
3 Bed | $211,000 | 4.5% |
4 Bed | $260,000 | 4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — French Lick, IN
French Lick, 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 — French Lick, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in French Lick, IN is 88. This is a increase of 15.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $242,000 | -2.0% |
Listing Count | 39 | 68.0% |
| Listings as % of Homes | 0.5% | 68.0% |
Days on Market | 88 | 15.0% |
Demographics — French Lick, IN
As of the latest ACS Survey released in 2023, French Lick, IN has a population of 4,720, which has increased by 2.3% over the past 5 years. French Lick, IN is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,720 | 2.3% |
% Under 18 | 27.0% | 23.9% |
% Seniors | 19.4% | -8.5% |
% WFH | 5.5% | 150.0% |
% w/ College Degree | 15.9% | 51.4% |
As of the latest ACS Survey released in 2023, French Lick, IN is a predominantly white area, with 87.0% of the population identifying as white. The white population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in French Lick, IN is black, making up 5.9% of the population. Foreign-born residents account for 4.0% of the population in French Lick, IN, and this percentage has increased by 11.1% 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 | 87.0% | 2.1% |
% Black | 5.9% | 18.0% |
% Hispanic | 2.0% | -60.8% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 4.0% | 11.1% |
Mortgage and Risk — French Lick, IN
According to HUD data as of 2023, there were 88 mortgage originations in French Lick, IN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in French Lick, IN. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 88 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — French Lick, IN
French Lick, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 134 |
Total Units Section 8 | 134 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.6% |
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 | $1,030 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,660 |
Affordability — French Lick, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $186,000 |
| Median Household Income | $64,200 |