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  4. /Modoc, IN - 47358

Modoc, IN—47358

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$224,000
11.9% YoY Growth
Household Income
$75,700
61.2% YoY Growth
Days on Market
33
82.0% Shorter YoY
Home Price Forecast
N/A
Median Rent
$1,100
1.9% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,100
1.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Modoc, IN

Modoc, IN lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$224,00011.9%
Single Family $224,00012.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A

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  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		$223,00010.9%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    2 Bedrooms
    23.9%
    3 Bedrooms
    57.6%
    4 Bedrooms
    16.4%
    5+ Bedrooms
    2.2%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,100$1,100
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,100$1,100
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    50.0%
    3 Bedrooms
    43.5%
    4 Bedrooms
    6.5%

    Property Listings — Modoc, IN

    As of May '26, Realtor.com reports that the median days on market for a home in Modoc, IN is 33. This is a decrease of -82.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$92,500-80.0%
    Listing Count
    		5200.0%
    Listings as % of Homes0.7%200.0%
    Days on Market
    		33-82.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % 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%
    Loading chart...

    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$770
    2 BedroomN/AN/A$980
    3 Bedroom$150$1,100$1,250
    4 BedroomN/AN/A$1,310

    Affordability — Modoc, IN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.3
    Median Home Price$224,000
    Median Household Income$75,700

    Modoc, IN — ZIP Code Boundary Map

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    Frequently Asked Questions