Markle, IN—46770
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Markle, IN
Markle, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $264,000 | 5.0% |
| Single Family | $264,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $173,000 | 6.8% |
3 Bed | $258,000 | 4.9% |
4 Bed | $341,000 | 4.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Markle, IN
Markle, 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 — Markle, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Markle, IN is 53. 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 | $385,000 | 27.0% |
Listing Count | 6 | -55.0% |
| Listings as % of Homes | 0.5% | -55.0% |
Days on Market | 53 | -45.0% |
Demographics — Markle, IN
As of the latest ACS Survey released in 2023, Markle, IN has a population of 2,600, which has decreased by -13.0% over the past 5 years. Markle, 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 20.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,600 | -13.0% |
% Under 18 | 20.6% | -15.2% |
% Seniors | 23.6% | 48.4% |
% WFH | 8.8% | 95.6% |
% w/ College Degree | 20.7% | 17.6% |
As of the latest ACS Survey released in 2023, Markle, IN is a predominantly white area, with 96.3% 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 Markle, IN is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.2% of the population in Markle, IN, and this percentage has decreased by 33.3% 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 | 96.3% | -2.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.9% | 50.0% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 0.2% | -33.3% |
Mortgage and Risk — Markle, IN
According to HUD data as of 2023, there were 100 mortgage originations in Markle, IN, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Markle, IN. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 100 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Markle, IN
Markle, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% 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 | $720 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Markle, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $264,000 |
| Median Household Income | $74,200 |