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  4. /Russiaville, IN - 46979

Russiaville, IN—46979

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$273,000
5.5% YoY Growth
Household Income
$93,600
16.5% YoY Growth
Days on Market
16
39.0% Longer YoY
Home Price Forecast
3.0%
Median 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

Other Zip Codes in Russiaville, IN

46039
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Russiaville, IN

As of May '26, the median home price in Russiaville, IN is $273,000, with a year-over-year change of 5.5%. This indicates that home prices in Russiaville, IN are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$273,0005.5%
Single Family $273,0005.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $175,0005.4%
    3 Bed
    $262,0005.2%
    4 Bed
    $335,0005.0%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    1.0%
    2 Bedrooms
    9.5%
    3 Bedrooms
    62.8%
    4 Bedrooms
    21.8%
    5+ Bedrooms
    4.8%

    Rental Trends — Russiaville, IN

    Russiaville, IN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    13.2%
    2 Bedrooms
    16.0%
    3 Bedrooms
    50.7%
    4 Bedrooms
    13.9%
    5+ Bedrooms
    6.2%

    Property Listings — Russiaville, IN

    As of May '26, Realtor.com reports that the median days on market for a home in Russiaville, IN is 16. This is a increase of 39.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $250,000-3.0%
    Listing Count
    12-25.0%
    Listings as % of Homes0.4%-25.0%
    Days on Market
    1639.0%
    Loading chart...

    Demographics — Russiaville, IN

    As of the latest ACS Survey released in 2023, Russiaville, IN has a population of 5,030, which has increased by 6.6% over the past 5 years. Russiaville, IN is a moderately popular place for families, as children make up 22.4% of the population. The area has a moderately educated workforce, with 31.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    5,0306.6%
    % Under 18
    22.4%-4.3%
    % Seniors
    18.7%17.6%
    % WFH
    8.8%72.5%
    % w/ College Degree
    31.4%3.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Russiaville, IN is a predominantly white area, with 91.3% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Russiaville, IN is hispanic, making up 2.7% of the population. Foreign-born residents account for 0.3% of the population in Russiaville, IN, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    91.3%-6.7%
    % Black
    0.2%∞%
    % Hispanic
    2.7%237.5%
    % Asian
    0.3%50.0%
    % Foreign Born
    0.3%0.0%
    Loading chart...

    Mortgage and Risk — Russiaville, IN

    According to HUD data as of 2023, there were 112 mortgage originations in Russiaville, IN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Russiaville, IN. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    112
    % Conventional Loans
    75.0%
    % Government Loans
    25.0%
    % Investor Loans
    2.0%
    % Second Loans
    1.0%
    % Cash Out Refinance
    18.0%
    Loading chart...
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    Rentals and Section 8 — Russiaville, IN

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

    Section 8 Market Size

    Total Units under HUD
    2
    Total Units Section 8
    2
    % Rentals under Section 8
    1.4%
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$880
    2 BedroomN/AN/A$1,110
    3 BedroomN/AN/A$1,390
    4 BedroomN/AN/A$1,550

    Affordability — Russiaville, IN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.4
    Median Home Price$273,000
    Median Household Income$93,600

    Russiaville, IN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Russiaville, IN

    46039

    Burlington, IN

    46915

    Frankfort, IN

    46057

    Kempton, IN

    46049

    Kokomo, IN

    46901

    Frequently Asked Questions