Mill Creek, IN—46365
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mill Creek, IN
As of Oct '25, the median home price in Mill Creek, IN is $304,000, with a year-over-year change of 3.9%. This indicates that home prices in Mill Creek, IN are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $304,000 | 3.9% |
| Single Family | $304,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $297,000 | 3.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mill Creek, IN
Mill Creek, 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 — Mill Creek, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Mill Creek, IN is 6. This is a decrease of -17.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $224,000 | -56.0% |
Listing Count | 3 | -40.0% |
| Listings as % of Homes | 0.7% | -40.0% |
Days on Market | 6 | -17.0% |
Demographics — Mill Creek, IN
As of the latest ACS Survey released in 2023, Mill Creek, IN has a population of 911, which has increased by 14.9% over the past 5 years. Mill Creek, IN is a popular place for families, as children make up 29.6% of the population. The area has a moderately educated workforce, with 30.4% 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 | 911 | 14.9% |
% Under 18 | 29.6% | 492.0% |
% Seniors | 23.2% | -37.1% |
% WFH | 17.0% | 178.7% |
% w/ College Degree | 30.4% | 181.5% |
As of the latest ACS Survey released in 2023, Mill Creek, IN is a predominantly white area, with 94.8% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Mill Creek, IN is hispanic, making up 5.2% of the population. Foreign-born residents account for 0.0% of the population in Mill Creek, IN, and this percentage has decreased by 100.0% 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 | 94.8% | -5.2% |
% Black | 0.0% | N/A |
% Hispanic | 5.2% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Mill Creek, IN
Mill Creek, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Mill Creek, IN
Mill Creek, 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 | 1.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | N/A | N/A | $1,040 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Mill Creek, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $304,000 |
| Median Household Income | $86,500 |