Modoc, IN—47358
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Modoc, IN
Modoc, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $205,000 | 6.8% |
| Single Family | $205,000 | 6.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $205,000 | 7.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Modoc, IN
As of July '25, Rentcast reports the average rent in Modoc, IN is $1,100, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Modoc, IN is 3-bedrooms: $1,100. The most common rental property sizes in Modoc, IN are 2-bedroom and 3-bedroom, accounting for 50.0% and 43.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,100 | $1,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Modoc, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Modoc, IN is 21. This is a decrease of -44.0% 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 | $210,000 | -50.0% |
Listing Count | 2 | 33.0% |
| Listings as % of Homes | 0.7% | 33.0% |
Days on Market | 21 | -44.0% |
Demographics — Modoc, IN
As of the latest ACS Survey released in 2023, Modoc, IN has a population of 917, which has decreased by -6.3% over the past 5 years. Modoc, IN is a moderately popular place for families, as children make up 22.4% 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 1.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 917 | -6.3% |
% Under 18 | 22.4% | 5.7% |
% Seniors | 15.2% | -26.2% |
% WFH | 1.0% | -66.7% |
% w/ College Degree | 14.3% | -24.7% |
As of the latest ACS Survey released in 2023, Modoc, IN is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Modoc, IN is black, making up 0.0% of the population. Foreign-born residents account for 1.0% of the population in Modoc, 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 | 93.6% | -2.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 1.0% | 150.0% |
Mortgage and Risk — Modoc, IN
According to HUD data as of 2023, there were 43 mortgage originations in Modoc, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Modoc, IN. Investor activity is low, as 0.0% 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 | 43 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Modoc, IN
Modoc, 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 | $770 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | $150 | $1,100 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Modoc, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $205,000 |
| Median Household Income | $75,700 |