Loogootee, IN47553

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$240,000
4.8% YoY Growth
Median Household Income
$74,500
39.4% 5-Year Growth
Days on Market
73
39.0% Longer than last year
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

Property Listings — Loogootee, IN

As of Oct '25, Realtor.com reports that the median days on market for a home in Loogootee, IN is 73. This is a increase of 39.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$311,00062.0%
Listing Count
2422.0%
Listings as % of Homes0.3%22.0%
Days on Market
7339.0%
Loading chart...

Demographics — Loogootee, IN

As of the latest ACS Survey released in 2023, Loogootee, IN has a population of 8,610, which has increased by 4.3% over the past 5 years. Loogootee, IN is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
8,6104.3%
% Under 18
27.6%2.6%
% Seniors
17.3%13.1%
% WFH
8.2%86.4%
% w/ College Degree
14.8%7.2%
Loading chart...

As of the latest ACS Survey released in 2023, Loogootee, IN is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Loogootee, IN is hispanic, making up 1.4% of the population. Foreign-born residents account for 0.6% of the population in Loogootee, IN, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.4%-3.8%
% Black
0.1%0.0%
% Hispanic
1.4%1,300.0%
% Asian
0.1%-50.0%
% Foreign Born
0.6%100.0%
Loading chart...

Mortgage and Risk — Loogootee, IN

According to HUD data as of 2023, there were 102 mortgage originations in Loogootee, IN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Loogootee, IN. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
102
% Conventional Loans
75.0%
% Government Loans
25.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Loogootee, IN

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

Section 8 Market Size

Total Units under HUD
38
Total Units Section 8
38
% Rentals under Section 8
N/A
% Occupied Section 8
89.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,120
4 BedroomN/AN/A$1,250

Affordability — Loogootee, IN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.7
Median Home Price$240,000
Median Household Income$74,500

Loogootee, IN — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions