Dana, IN—47847
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dana, IN
As of Oct '25, the median home price in Dana, IN is $128,000, with a year-over-year change of 5.1%. This indicates that home prices in Dana, IN are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $128,000 | 5.1% |
| Single Family | $128,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $97,000 | 1.0% |
3 Bed | $125,000 | 2.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dana, IN
Dana, 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 — Dana, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Dana, IN is 52. This is a increase of 27.0% 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 | $145,000 | 149.0% |
Listing Count | 6 | -50.0% |
| Listings as % of Homes | 1.4% | -50.0% |
Days on Market | 52 | 27.0% |
Demographics — Dana, IN
As of the latest ACS Survey released in 2023, Dana, IN has a population of 869, which has decreased by -26.7% over the past 5 years. Dana, IN is a moderately popular place for families, as children make up 15.5% of the population. The area has a poorly educated workforce, with 5.3% 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 | 869 | -26.7% |
% Under 18 | 15.5% | -47.3% |
% Seniors | 14.5% | -14.2% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 5.3% | -70.2% |
Dana, IN lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.1% | -1.2% |
% Black | 0.0% | N/A |
% Hispanic | 0.2% | -71.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Dana, IN
According to HUD data as of 2023, there were 46 mortgage originations in Dana, IN, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Dana, IN. Investor activity is low, as 2.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 46 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Dana, IN
Dana, 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 | $730 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Dana, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $128,000 |
| Median Household Income | $54,800 |