Francesville, IN 47946 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Francesville, IN—47946

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$203,000

3.7% YoY Growth

Household Income

$78,800

28.6% YoY Growth

Days on Market

29

45.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Francesville, IN

Francesville, IN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$203,000	3.7%
Single Family	$203,000	2.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Francesville, IN

Francesville, 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

Studio

1.1%

1 Bedroom

1.6%

2 Bedrooms

43.4%

3 Bedrooms

27.5%

4 Bedrooms

11.1%

5+ Bedrooms

15.3%

Property Listings — Francesville, IN

As of Dec '25, Realtor.com reports that the median days on market for a home in Francesville, IN is 32. This is a increase of 11.0% 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	$222,000	-8.0%
Listing Count	7	-21.0%
Listings as % of Homes	0.7%	-21.0%
Days on Market	29	-45.0%

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Demographics — Francesville, IN

As of the latest ACS Survey released in 2023, Francesville, IN has a population of 2,180, which has increased by 2.9% over the past 5 years. Francesville, IN is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 9.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,180	2.9%
% Under 18	20.6%	12.0%
% Seniors	18.4%	-19.7%
% WFH	4.8%	20.0%
% w/ College Degree	9.1%	-35.5%

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As of the latest ACS Survey released in 2023, Francesville, IN is a predominantly white area, with 83.4% of the population identifying as white. The white population has shrunk by 13.9% in the last 5 years. The second most common race or ethnicity in Francesville, IN is hispanic, making up 11.6% of the population. Foreign-born residents account for 8.1% of the population in Francesville, 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	83.4%	-13.9%
% Black	0.3%	∞%
% Hispanic	11.6%	329.6%
% Asian	1.3%	∞%
% Foreign Born	8.1%	∞%

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Mortgage and Risk — Francesville, IN

According to HUD data as of 2023, there were 52 mortgage originations in Francesville, IN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Francesville, IN. Investor activity is low, as 4.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	52
% Conventional Loans	79.0%
% Government Loans	21.0%
% Investor Loans	4.0%
% Second Loans	2.0%
% Cash Out Refinance	21.0%

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Rentals and Section 8 — Francesville, IN

Francesville, 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	0.5%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,070
2 Bedroom	N/A	N/A	$1,210
3 Bedroom	N/A	N/A	$1,670
4 Bedroom	N/A	N/A	$1,990

Francesville, IN—47946

Key Metrics at a Glance

Home Price Trends — Francesville, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Francesville, IN

% of Rental Stock

Property Listings — Francesville, IN

Demographics — Francesville, IN

Race and Ethnicity

Mortgage and Risk — Francesville, IN

Mortgages

Rentals and Section 8 — Francesville, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Francesville, IN

Home Price to Income Ratio

Francesville, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Medaryville, IN

Monon, IN

San Pierre, IN

Monticello, IN

Rensselaer, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$203,000
Median Household Income	$78,800

Francesville, IN—47946

Key Metrics at a Glance

Home Price Trends — Francesville, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Francesville, IN

% of Rental Stock

Property Listings — Francesville, IN

Demographics — Francesville, IN

Race and Ethnicity

Mortgage and Risk — Francesville, IN

Mortgages

Rentals and Section 8 — Francesville, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Francesville, IN

Home Price to Income Ratio

Francesville, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Medaryville, IN

Monon, IN

San Pierre, IN

Monticello, IN

Rensselaer, IN

Frequently Asked Questions

What is the average home price in Francesville, IN 47946?

How have home prices in Francesville, IN 47946 changed over the past year?

What is the home price projection for Francesville, IN 47946?

What are the demographics of Francesville, IN 47946?

How long does it take homes to sell in Francesville, IN 47946?

What is the average rent price in Francesville, IN 47946?