Boswell, IN47921

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$155,000
2.9% YoY Growth
Median Household Income
$81,400
87.2% 5-Year Growth
Days on Market
70
178.0% Longer than last year
Home Price Forecast
1.6%
Median Rent
$729
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$729
N/A
3-Bed Rent
N/A
N/A

Property Listings — Boswell, IN

As of Oct '25, Realtor.com reports that the median days on market for a home in Boswell, IN is 70. This is a increase of 178.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$398,00018.0%
Listing Count
371.0%
Listings as % of Homes1.0%71.0%
Days on Market
70178.0%
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Demographics — Boswell, IN

As of the latest ACS Survey released in 2023, Boswell, IN has a population of 1,130, which has decreased by -6.8% over the past 5 years. Boswell, IN is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,130-6.8%
% Under 18
22.1%-27.3%
% Seniors
15.5%40.9%
% WFH
2.0%-66.1%
% w/ College Degree
18.2%82.0%
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As of the latest ACS Survey released in 2023, Boswell, IN is a predominantly white area, with 72.3% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in Boswell, IN is hispanic, making up 22.3% of the population. Foreign-born residents account for 10.6% of the population in Boswell, IN, and this percentage has increased by 404.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
72.3%-15.4%
% Black
4.2%162.5%
% Hispanic
22.3%185.9%
% Asian
0.8%33.3%
% Foreign Born
10.6%404.8%
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Mortgage and Risk — Boswell, IN

According to HUD data as of 2023, there were 35 mortgage originations in Boswell, IN, of which 46.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Boswell, IN. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
35
% Conventional Loans
46.0%
% Government Loans
54.0%
% Investor Loans
0.0%
% Second Loans
3.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Boswell, IN

Boswell, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$890
2 Bedroom$331$729$1,060
3 BedroomN/AN/A$1,300
4 BedroomN/AN/A$1,610

Affordability — Boswell, IN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.6
Median Home Price$155,000
Median Household Income$81,400

Boswell, IN — ZIP Code Boundary Map

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Frequently Asked Questions