Center Point, IN—47840
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Center Point, IN
As of Oct '25, the median home price in Center Point, IN is $193,000, with a year-over-year change of 3.0%. This indicates that home prices in Center Point, IN are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $193,000 | 3.0% |
| Single Family | $193,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $158,000 | 1.3% |
3 Bed | $218,000 | 3.8% |
4 Bed | $296,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Center Point, IN
As of July '25, Rentcast reports the average rent in Center Point, IN is $2,100, with a year-over-year rent change of 52.2%. Per bedroom, the median rent as of July '25 in Center Point, IN is 4-bedrooms: $2,100. The most common rental property sizes in Center Point, IN are 3-bedroom and 2-bedroom, accounting for 56.4% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,100 |
| 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 | $2,100 | $2,100 |
% of Rental Stock
Property Listings — Center Point, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Center Point, IN is 38. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter 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 | $594,000 | 138.0% |
Listing Count | 3 | 56.0% |
| Listings as % of Homes | 0.1% | 56.0% |
Days on Market | 38 | -22.0% |
Demographics — Center Point, IN
As of the latest ACS Survey released in 2023, Center Point, IN has a population of 1,900, which has increased by 4.8% over the past 5 years. Center Point, IN is a popular place for families, as children make up 25.8% of the population. The area has a moderately educated workforce, with 30.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,900 | 4.8% |
% Under 18 | 25.8% | -20.4% |
% Seniors | 13.1% | -12.7% |
% WFH | 9.1% | 405.6% |
% w/ College Degree | 30.0% | 21.5% |
As of the latest ACS Survey released in 2023, Center Point, IN is a predominantly white area, with 97.3% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Center Point, IN is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.6% of the population in Center Point, IN, and this percentage has increased by Inf% 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 | 97.3% | -2.7% |
% Black | 0.3% | ∞% |
% Hispanic | 1.8% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | ∞% |
Mortgage and Risk — Center Point, IN
According to HUD data as of 2023, there were 54 mortgage originations in Center Point, IN, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Center Point, IN. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Center Point, IN
Center Point, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $1,020 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | -$540 | $2,100 | $1,560 |
Affordability — Center Point, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $193,000 |
| Median Household Income | $83,400 |