Crawfordsville, IN—47933
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Crawfordsville, IN
As of Oct '25, the median home price in Crawfordsville, IN is $221,000, with a year-over-year change of 5.1%. This indicates that home prices in Crawfordsville, IN are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 5.1% |
| Single Family | $223,000 | 4.7% |
| Condos | $202,000 | 3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $111,000 | 4.7% |
2 Bed | $166,000 | 5.7% |
3 Bed | $230,000 | 4.5% |
4 Bed | $289,000 | 4.3% |
| 5 Bed | $332,000 | 3.4% |
% of Housing Stock
Rental Trends — Crawfordsville, IN
As of July '25, Rentcast reports the average rent in Crawfordsville, IN is $936, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in Crawfordsville, IN is studios: $572, 1-bedrooms: $751, 2-bedrooms: $1,020, 3-bedrooms: $1,630. The most common rental property sizes in Crawfordsville, IN are 2-bedroom and 1-bedroom, accounting for 45.7% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $936 |
| Studio Rent | $495 | $572 |
| 1 Bed Rent | $695 | $751 |
| 2 Bed Rent | $999 | $1,020 |
| 3 Bed Rent | $1,340 | $1,630 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Crawfordsville, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Crawfordsville, IN is 59. This is a increase of 28.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $284,000 | 10.0% |
Listing Count | 98 | 12.0% |
| Listings as % of Homes | 0.6% | 12.0% |
Days on Market | 59 | 28.0% |
Demographics — Crawfordsville, IN
As of the latest ACS Survey released in 2023, Crawfordsville, IN has a population of 28,200, which has increased by 2.0% over the past 5 years. Crawfordsville, IN is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,200 | 2.0% |
% Under 18 | 23.6% | 8.8% |
% Seniors | 18.2% | -1.6% |
% WFH | 7.4% | 174.1% |
% w/ College Degree | 20.1% | 3.1% |
As of the latest ACS Survey released in 2023, Crawfordsville, IN is a predominantly white area, with 87.7% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Crawfordsville, IN is hispanic, making up 7.2% of the population. Foreign-born residents account for 3.8% of the population in Crawfordsville, IN, and this percentage has decreased by 2.6% 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 | 87.7% | -2.9% |
% Black | 0.8% | -20.0% |
% Hispanic | 7.2% | 22.0% |
% Asian | 0.4% | -63.6% |
% Foreign Born | 3.8% | -2.6% |
Mortgage and Risk — Crawfordsville, IN
According to HUD data as of 2023, there were 760 mortgage originations in Crawfordsville, IN, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Crawfordsville, IN. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 760 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Crawfordsville, IN
Crawfordsville, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 654 |
Total Units Section 8 | 655 |
% Rentals under Section 8 | 23.5% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $465 | $695 | $1,160 |
| 2 Bedroom | $361 | $999 | $1,360 |
| 3 Bedroom | $440 | $1,340 | $1,780 |
| 4 Bedroom | N/A | N/A | $2,150 |
Affordability — Crawfordsville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $221,000 |
| Median Household Income | $62,000 |