What is the average home price in Leo, IN 46765?

As of May '26, the median home price in Leo, IN 46765 is $403,000, based on Zillow home estimates.

How have home prices in Leo, IN 46765 changed over the past year?

As of May '26, home prices have increased 3.5% over the past year, according to Zillow home estimates data.

What is the home price projection for Leo, IN 46765?

As of May '26, Zillow projects home prices in Leo, IN 46765 to increase 2.4% in the next year.

What are the demographics of Leo, IN 46765?

According to the latest Census, the demographics of Leo, IN 46765 are 97.1% White, 0.2% Black, 0.3% Asian, 0.7% Hispanic. The population is 5,970, with 26.7% under 18 years old.

How long does it take homes to sell in Leo, IN 46765?

According to Realtor.com, as of May '26, the median home in Leo, IN 46765 is on the market for 33 days. This is a decrease of 9.0% from last year.

What is the average rent price in Leo, IN 46765?

The average rent price in Leo, IN 46765, as of the latest data, is $1,700. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is $1,450, $1,760, and N/A respectively.

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Leo, IN—46765

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$403,000

3.5% YoY Growth

Household Income

$105,000

14.0% YoY Growth

Days on Market

9.0% Shorter YoY

Home Price Forecast

2.4%

Median Rent

$1,750

11.5% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,450

N/A

3-Bed Rent

$1,800

8.6% YoY Growth

Home Price Trends — Leo, IN

As of May '26, the median home price in Leo, IN is $403,000, with a year-over-year change of 3.5%. This indicates that home prices in Leo, IN are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$403,000	3.5%
Single Family	$405,000	3.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Leo, IN

As of July '25, Rentcast reports the average rent in Leo, IN is $1,700, with a year-over-year rent change of -11.5%. Per bedroom, the median rent as of July '25 in Leo, IN is 2-bedrooms: $1,450, 3-bedrooms: $1,760. The most common rental property sizes in Leo, IN are 3-bedroom and 1-bedroom, accounting for 42.1% and 28.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,750	$1,700
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,450	$1,450
3 Bed Rent	$1,800	$1,760
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

28.0%

2 Bedrooms

12.1%

3 Bedrooms

42.1%

4 Bedrooms

17.8%

Property Listings — Leo, IN

As of May '26, Realtor.com reports that the median days on market for a home in Leo, IN is 33. This is a decrease of -9.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$669,000	18.0%
Listing Count	27	-4.0%
Listings as % of Homes	0.5%	-4.0%
Days on Market	33	-9.0%

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Demographics — Leo, IN

As of the latest ACS Survey released in 2023, Leo, IN has a population of 5,970, which has increased by 9.1% over the past 5 years. Leo, IN is a popular place for families, as children make up 26.7% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,970	9.1%
% Under 18	26.7%	-6.3%
% Seniors	17.7%	41.6%
% WFH	10.8%	30.1%
% w/ College Degree	37.7%	10.6%

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As of the latest ACS Survey released in 2023, Leo, IN is a predominantly white area, with 97.1% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Leo, IN is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.6% of the population in Leo, IN, and this percentage has decreased by 57.1% 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	97.1%	1.1%
% Black	0.2%	0.0%
% Hispanic	0.7%	-79.4%
% Asian	0.3%	∞%
% Foreign Born	0.6%	-57.1%

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Mortgage and Risk — Leo, IN

Leo, 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

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Rentals and Section 8 — Leo, IN

Leo, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% 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	-$160	$1,450	$1,290
3 Bedroom	-$170	$1,800	$1,630
4 Bedroom	N/A	N/A	$1,760

Leo, IN—46765

Key Metrics at a Glance

Home Price Trends — Leo, IN

Cost per Home Type

Cost per Home Size

Leo, IN—46765

Key Metrics at a Glance

Home Price Trends — Leo, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Leo, IN

% of Rental Stock

Property Listings — Leo, IN

Demographics — Leo, IN

Race and Ethnicity

Mortgage and Risk — Leo, IN

Mortgages

Rentals and Section 8 — Leo, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Leo, IN

Home Price to Income Ratio

Leo, IN — ZIP Code Boundary Map

Nearby ZIP Codes

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Grabill, IN

Auburn, IN

Northeast, Fort Wayne, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$403,000
Median Household Income	$105,000