Crothersville, IN—47229
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Crothersville, IN
As of Nov '25, the median home price in Crothersville, IN is $192,000, with a year-over-year change of 3.0%. This indicates that home prices in Crothersville, IN are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $192,000 | 3.0% |
| Single Family | $192,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $154,000 | 0.0% |
3 Bed | $197,000 | 2.6% |
4 Bed | $238,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Crothersville, IN
Crothersville, 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 — Crothersville, IN
As of Nov '25, Realtor.com reports that the median days on market for a home in Crothersville, IN is 78. This is a increase of 46.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $165,000 | -11.0% |
Listing Count | 10 | 12.0% |
| Listings as % of Homes | 0.4% | 12.0% |
Days on Market | 78 | 46.0% |
Demographics — Crothersville, IN
As of the latest ACS Survey released in 2023, Crothersville, IN has a population of 2,970, which has decreased by -4.8% over the past 5 years. Crothersville, IN is a popular place for families, as children make up 28.5% 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 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,970 | -4.8% |
% Under 18 | 28.5% | 5.2% |
% Seniors | 19.3% | 22.9% |
% WFH | 8.3% | 66.0% |
% w/ College Degree | 9.7% | -6.7% |
As of the latest ACS Survey released in 2023, Crothersville, IN is a predominantly white area, with 94.1% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Crothersville, IN is hispanic, making up 3.1% of the population. Foreign-born residents account for 1.5% of the population in Crothersville, IN, and this percentage has decreased by 37.5% 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 | 94.1% | -1.7% |
% Black | 0.0% | N/A |
% Hispanic | 3.1% | 181.8% |
% Asian | 1.8% | -30.8% |
% Foreign Born | 1.5% | -37.5% |
Mortgage and Risk — Crothersville, IN
According to HUD data as of 2023, there were 82 mortgage originations in Crothersville, IN, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Crothersville, IN. Investor activity is low, as 1.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 82 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Rentals and Section 8 — Crothersville, IN
Crothersville, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% 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 | $780 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Crothersville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $192,000 |
| Median Household Income | $62,900 |