Eaton, IN—47338
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eaton, IN
As of Nov '25, the median home price in Eaton, IN is $162,000, with a year-over-year change of 5.3%. This indicates that home prices in Eaton, IN are increasing. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $162,000 | 5.3% |
| Single Family | $162,000 | 4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $100,000 | 1.0% |
3 Bed | $169,000 | 5.6% |
4 Bed | $198,000 | 4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Eaton, IN
As of July '25, Rentcast reports the average rent in Eaton, IN is $810, with a year-over-year rent change of -32.5%. Per bedroom, the median rent as of July '25 in Eaton, IN is 1-bedrooms: $670, 3-bedrooms: $950. The most common rental property sizes in Eaton, IN are 2-bedroom and 1-bedroom, accounting for 66.8% and 17.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $670 | $810 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $670 | $670 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $950 | $950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Eaton, IN
As of Nov '25, Realtor.com reports that the median days on market for a home in Eaton, IN is 43. This is a decrease of -40.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 125.0% |
Listing Count | 11 | 27.0% |
| Listings as % of Homes | 0.5% | 27.0% |
Days on Market | 43 | -40.0% |
Demographics — Eaton, IN
As of the latest ACS Survey released in 2023, Eaton, IN has a population of 2,380, which has decreased by -11.3% over the past 5 years. Eaton, IN is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 14.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,380 | -11.3% |
% Under 18 | 18.1% | -32.0% |
% Seniors | 20.0% | 7.5% |
% WFH | 3.0% | 30.4% |
% w/ College Degree | 14.3% | 0.0% |
As of the latest ACS Survey released in 2023, Eaton, IN is a predominantly white area, with 93.1% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Eaton, IN is hispanic, making up 3.9% of the population. Foreign-born residents account for 0.5% of the population in Eaton, IN, and this percentage has increased by 150.0% 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 | 93.1% | -5.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.9% | 3,800.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | 150.0% |
Mortgage and Risk — Eaton, IN
According to HUD data as of 2023, there were 66 mortgage originations in Eaton, IN, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Eaton, IN. Investor activity is low, as 0.0% 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 | 66 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Rentals and Section 8 — Eaton, IN
Eaton, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $670 | $760 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | $270 | $950 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Eaton, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $162,000 |
| Median Household Income | $62,100 |