Scipio, IN—47273
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Scipio, IN
As of Nov '25, the median home price in Scipio, IN is $248,000, with a year-over-year change of 4.3%. This indicates that home prices in Scipio, IN are increasing. According to Zillow, the 1-year price projection is 5.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $248,000 | 4.3% |
| Single Family | $248,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $208,000 | 4.5% |
3 Bed | $243,000 | 3.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Scipio, IN
Scipio, 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 — Scipio, IN
As of Nov '25, Realtor.com reports that the median days on market for a home in Scipio, IN is 24. This is a decrease of -50.0% 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 | $195,000 | 9.0% |
Listing Count | 3 | -8.0% |
| Listings as % of Homes | 0.5% | -8.0% |
Days on Market | 24 | -50.0% |
Demographics — Scipio, IN
As of the latest ACS Survey released in 2023, Scipio, IN has a population of 1,840, which has increased by 5.8% over the past 5 years. Scipio, IN is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,840 | 5.8% |
% Under 18 | 21.8% | -17.7% |
% Seniors | 21.3% | 44.9% |
% WFH | 3.3% | -17.5% |
% w/ College Degree | 16.9% | 5.6% |
As of the latest ACS Survey released in 2023, Scipio, IN is a predominantly white area, with 98.9% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Scipio, IN is black, making up 0.0% of the population. Foreign-born residents account for 0.7% of the population in Scipio, IN, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.9% | -0.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.7% | ∞% |
Mortgage and Risk — Scipio, IN
According to HUD data as of 2023, there were 93 mortgage originations in Scipio, IN, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Scipio, IN. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 93 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Rentals and Section 8 — Scipio, IN
Scipio, 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 | $970 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Scipio, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $248,000 |
| Median Household Income | $79,000 |