Odon, IN—47562
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Odon, IN
As of Oct '25, the median home price in Odon, IN is $271,000, with a year-over-year change of 4.0%. This indicates that home prices in Odon, IN are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $271,000 | 4.1% |
| Single Family | $272,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $163,000 | 4.5% |
3 Bed | $240,000 | 4.8% |
4 Bed | $293,000 | 3.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Odon, IN
Odon, 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 — Odon, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Odon, IN is 39. This is a increase of 7.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $210,000 | 1.0% |
Listing Count | 7 | 22.0% |
| Listings as % of Homes | 0.3% | 22.0% |
Days on Market | 39 | 7.0% |
Demographics — Odon, IN
As of the latest ACS Survey released in 2023, Odon, IN has a population of 5,330, which has increased by 10.5% over the past 5 years. Odon, IN is a popular place for families, as children make up 35.9% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,330 | 10.5% |
% Under 18 | 35.9% | 5.0% |
% Seniors | 16.0% | -13.0% |
% WFH | 9.4% | 88.0% |
% w/ College Degree | 13.4% | 11.7% |
As of the latest ACS Survey released in 2023, Odon, IN is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Odon, IN is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.4% of the population in Odon, IN, and this percentage has decreased by 69.2% 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 | 94.7% | -3.5% |
% Black | 0.2% | ∞% |
% Hispanic | 0.7% | 600.0% |
% Asian | 0.3% | -57.1% |
% Foreign Born | 0.4% | -69.2% |
Mortgage and Risk — Odon, IN
According to HUD data as of 2023, there were 54 mortgage originations in Odon, IN, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Odon, IN. Investor activity is low, as 0.0% 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 | 54 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Odon, IN
Odon, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,130 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Odon, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $271,000 |
| Median Household Income | $70,900 |