Noblesville, IN—46060
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Noblesville, IN
Home Price Trends — Noblesville, IN
As of Oct '25, the median home price in Noblesville, IN is $348,000, with a year-over-year change of 1.8%. This indicates that home prices in Noblesville, IN are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $348,000 | 1.9% |
| Single Family | $350,000 | 1.7% |
| Condos | $271,000 | 1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $258,000 | 2.8% |
3 Bed | $308,000 | 2.0% |
4 Bed | $413,000 | 1.7% |
| 5 Bed | $526,000 | 1.5% |
% of Housing Stock
Rental Trends — Noblesville, IN
As of July '25, Rentcast reports the average rent in Noblesville, IN is $1,880, with a year-over-year rent change of -2.1%. Per bedroom, the median rent as of July '25 in Noblesville, IN is studios: $1,140, 1-bedrooms: $1,210, 2-bedrooms: $1,580, 3-bedrooms: $2,000, 4-bedrooms: $2,240. The most common rental property sizes in Noblesville, IN are 2-bedroom and 3-bedroom, accounting for 39.8% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,920 | $1,880 |
| Studio Rent | $1,120 | $1,140 |
| 1 Bed Rent | $1,290 | $1,210 |
| 2 Bed Rent | $1,500 | $1,580 |
| 3 Bed Rent | $1,950 | $2,000 |
| 4 Bed Rent | $2,200 | $2,240 |
% of Rental Stock
Property Listings — Noblesville, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Noblesville, IN is 34. This is a decrease of -14.0% 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 45.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $376,000 | 0.0% |
Listing Count | 178 | 11.0% |
| Listings as % of Homes | 0.5% | 11.0% |
Days on Market | 34 | -14.0% |
Demographics — Noblesville, IN
As of the latest ACS Survey released in 2023, Noblesville, IN has a population of 47,500, which has increased by 17.6% over the past 5 years. Noblesville, IN is a popular place for families, as children make up 26.2% of the population. The area has a highly educated workforce, with 45.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,500 | 17.6% |
% Under 18 | 26.2% | -8.1% |
% Seniors | 12.8% | 28.0% |
% WFH | 17.0% | 129.7% |
% w/ College Degree | 45.7% | 16.0% |
As of the latest ACS Survey released in 2023, Noblesville, IN is a predominantly white area, with 80.6% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Noblesville, IN is hispanic, making up 7.1% of the population. Foreign-born residents account for 7.3% of the population in Noblesville, IN, and this percentage has increased by 65.9% 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 | 80.6% | -4.5% |
% Black | 5.8% | 41.5% |
% Hispanic | 7.1% | 31.5% |
% Asian | 3.2% | 23.1% |
% Foreign Born | 7.3% | 65.9% |
Mortgage and Risk — Noblesville, IN
According to HUD data as of 2023, there were 1149 mortgage originations in Noblesville, IN, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Noblesville, IN. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,149 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Noblesville, IN
As of 2024, the percent of homes in Noblesville, IN under the Section 8 program is 8.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Noblesville, IN, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 436 |
Total Units Section 8 | 436 |
% Rentals under Section 8 | 8.0% |
% Occupied Section 8 | 90.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,290 | $1,200 |
| 2 Bedroom | -$100 | $1,500 | $1,400 |
| 3 Bedroom | -$130 | $1,950 | $1,820 |
| 4 Bedroom | $10 | $2,200 | $2,210 |
Affordability — Noblesville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $348,000 |
| Median Household Income | $91,100 |