Otwell, IN 47564 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Otwell, IN—47564

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$226,000

8.6% YoY Growth

Household Income

$59,100

10.2% YoY Growth

Days on Market

168

557.0% Longer YoY

Home Price Forecast

1.7%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Otwell, IN

As of May '26, the median home price in Otwell, IN is $226,000, with a year-over-year change of 8.6%. This indicates that home prices in Otwell, IN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$226,000	8.6%
Single Family	$226,000	8.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Otwell, IN

Otwell, 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

11.2%

2 Bedrooms

21.7%

3 Bedrooms

57.1%

4 Bedrooms

9.9%

Property Listings — Otwell, IN

As of May '26, Realtor.com reports that the median days on market for a home in Otwell, IN is 168. This is a increase of 557.0% 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	$255,000	-18.0%
Listing Count	3	60.0%
Listings as % of Homes	0.5%	60.0%
Days on Market	168	557.0%

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Demographics — Otwell, IN

As of the latest ACS Survey released in 2023, Otwell, IN has a population of 1,500, which has increased by 26.5% over the past 5 years. Otwell, IN is a popular place for families, as children make up 30.5% of the population. The area has a poorly educated workforce, with 10.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,500	26.5%
% Under 18	30.5%	80.5%
% Seniors	13.8%	-51.1%
% WFH	0.0%	-100.0%
% w/ College Degree	10.3%	-34.8%

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As of the latest ACS Survey released in 2023, Otwell, IN is a predominantly white area, with 100.0% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Otwell, IN is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Otwell, IN, and this percentage has decreased by 100.0% 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	100.0%	1.3%
% Black	0.0%	N/A
% Hispanic	0.0%	-100.0%
% Asian	0.0%	N/A
% Foreign Born	0.0%	-100.0%

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Mortgage and Risk — Otwell, IN

According to HUD data as of 2023, there were 70 mortgage originations in Otwell, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Otwell, IN. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	70
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Otwell, IN

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

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$770
2 Bedroom	N/A	N/A	$980
3 Bedroom	N/A	N/A	$1,290
4 Bedroom	N/A	N/A	$1,440

Otwell, IN—47564

Key Metrics at a Glance

Home Price Trends — Otwell, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Otwell, IN

% of Rental Stock

Property Listings — Otwell, IN

Demographics — Otwell, IN

Race and Ethnicity

Mortgage and Risk — Otwell, IN

Mortgages

Rentals and Section 8 — Otwell, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Otwell, IN

Home Price to Income Ratio

Otwell, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Winslow, IN

Winslow, IN

Corning, IN

Montgomery, IN

Jasper, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$226,000
Median Household Income	$59,100

Otwell, IN—47564

Key Metrics at a Glance

Home Price Trends — Otwell, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Otwell, IN

% of Rental Stock

Property Listings — Otwell, IN

Demographics — Otwell, IN

Race and Ethnicity

Mortgage and Risk — Otwell, IN

Mortgages

Rentals and Section 8 — Otwell, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Otwell, IN

Home Price to Income Ratio

Otwell, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Winslow, IN

Winslow, IN

Corning, IN

Montgomery, IN

Jasper, IN

Frequently Asked Questions

What is the average home price in Otwell, IN 47564?

How have home prices in Otwell, IN 47564 changed over the past year?

What is the home price projection for Otwell, IN 47564?

What are the demographics of Otwell, IN 47564?

How long does it take homes to sell in Otwell, IN 47564?

What is the average rent price in Otwell, IN 47564?