View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /Indiana
  4. /Elizabeth, IN - 47117

Elizabeth, IN—47117

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$271,000
5.8% YoY Growth
Household Income
$88,600
47.2% YoY Growth
Days on Market
72
187.0% Longer YoY
Home Price Forecast
1.3%
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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Elizabeth, IN

As of May '26, the median home price in Elizabeth, IN is $271,000, with a year-over-year change of 5.8%. This indicates that home prices in Elizabeth, IN are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$271,0005.8%
Single Family $271,0005.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$202,0005.2%
    3 Bed
    		$266,0006.4%
    4 Bed
    		$356,0006.0%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    3.2%
    2 Bedrooms
    24.2%
    3 Bedrooms
    52.6%
    4 Bedrooms
    16.1%
    5+ Bedrooms
    3.8%

    Rental Trends — Elizabeth, IN

    Elizabeth, 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
    Loading chart...

    % of Rental Stock

    1 Bedroom
    7.9%
    2 Bedrooms
    46.8%
    3 Bedrooms
    45.3%

    Property Listings — Elizabeth, IN

    As of May '26, Realtor.com reports that the median days on market for a home in Elizabeth, IN is 72. This is a increase of 187.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$510,000-19.0%
    Listing Count
    		13147.0%
    Listings as % of Homes0.3%147.0%
    Days on Market
    		72187.0%
    Loading chart...

    Demographics — Elizabeth, IN

    As of the latest ACS Survey released in 2023, Elizabeth, IN has a population of 4,350, which has remained stable by -0.3% over the past 5 years. Elizabeth, IN is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,350-0.3%
    % Under 18
    		24.1%-2.0%
    % Seniors
    		16.7%13.6%
    % WFH
    		8.4%86.7%
    % w/ College Degree
    		20.6%154.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Elizabeth, IN is a predominantly white area, with 96.3% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Elizabeth, IN is asian, making up 1.2% of the population. Foreign-born residents account for 1.5% of the population in Elizabeth, IN, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		96.3%-0.3%
    % Black
    		1.1%-47.6%
    % Hispanic
    		0.6%-25.0%
    % Asian
    		1.2%∞%
    % Foreign Born
    		1.5%200.0%
    Loading chart...

    Mortgage and Risk — Elizabeth, IN

    According to HUD data as of 2023, there were 91 mortgage originations in Elizabeth, IN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Elizabeth, IN. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		91
    % Conventional Loans
    		79.0%
    % Government Loans
    		21.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		16.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Elizabeth, IN

    Elizabeth, 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
    		0.4%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$970
    2 BedroomN/AN/A$1,180
    3 BedroomN/AN/A$1,540
    4 BedroomN/AN/A$1,760

    Affordability — Elizabeth, IN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.5
    Median Home Price$271,000
    Median Household Income$88,600

    Elizabeth, IN — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Southwest Jefferson County, Louisville, KY

    40258

    West Point, KY

    40177

    Laconia, IN

    47135

    Pleasure Ridge Park, Louisville, KY

    40272

    Lanesville, IN

    47136

    Frequently Asked Questions