Lagrange, IN—46761
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lagrange, IN
Lagrange, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | 5.2% |
| Single Family | $283,000 | 5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $258,000 | 6.2% |
2 Bed | $224,000 | 5.2% |
3 Bed | $264,000 | 6.5% |
4 Bed | $335,000 | 6.7% |
| 5 Bed | $519,183 | 8.4% |
% of Housing Stock
Rental Trends — Lagrange, IN
As of July '25, Rentcast reports the average rent in Lagrange, IN is $1,150, with a year-over-year rent change of 56.2%. Per bedroom, the median rent as of July '25 in Lagrange, IN is 1-bedrooms: $1,020, 2-bedrooms: $1,180, 3-bedrooms: $1,320. The most common rental property sizes in Lagrange, IN are 2-bedroom and 1-bedroom, accounting for 31.0% and 27.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,020 |
| 2 Bed Rent | $1,180 | $1,180 |
| 3 Bed Rent | $1,250 | $1,320 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lagrange, IN
As of Nov '25, Realtor.com reports that the median days on market for a home in Lagrange, IN is 19. This is a decrease of -45.0% 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 | $248,000 | 59.0% |
Listing Count | 15 | -9.0% |
| Listings as % of Homes | 0.4% | -9.0% |
Days on Market | 19 | -45.0% |
Demographics — Lagrange, IN
As of the latest ACS Survey released in 2023, Lagrange, IN has a population of 12,000, which has decreased by -1.2% over the past 5 years. Lagrange, IN is a popular place for families, as children make up 30.7% of the population. The area has a poorly educated workforce, with 9.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | -1.2% |
% Under 18 | 30.7% | -13.5% |
% Seniors | 16.7% | 17.6% |
% WFH | 7.1% | 82.1% |
% w/ College Degree | 9.7% | -5.8% |
As of the latest ACS Survey released in 2023, Lagrange, IN is a predominantly white area, with 90.6% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Lagrange, IN is hispanic, making up 8.3% of the population. Foreign-born residents account for 3.7% of the population in Lagrange, IN, and this percentage has increased by 85.0% 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 | 90.6% | -2.1% |
% Black | 0.2% | ∞% |
% Hispanic | 8.3% | 48.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.7% | 85.0% |
Mortgage and Risk — Lagrange, IN
According to HUD data as of 2023, there were 188 mortgage originations in Lagrange, IN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Lagrange, IN. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 188 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Rentals and Section 8 — Lagrange, IN
Lagrange, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 35 |
Total Units Section 8 | 35 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$290 | $1,000 | $710 |
| 2 Bedroom | -$250 | $1,180 | $930 |
| 3 Bedroom | -$90 | $1,250 | $1,160 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Lagrange, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $283,000 |
| Median Household Income | $72,100 |