Loogootee, IN—47553
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Loogootee, IN
Loogootee, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | 4.8% |
| Single Family | $240,000 | 5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $174,000 | 6.1% |
3 Bed | $225,000 | 5.6% |
4 Bed | $276,000 | 5.3% |
| 5 Bed | $364,000 | 6.4% |
% of Housing Stock
Rental Trends — Loogootee, IN
Loogootee, 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 — Loogootee, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Loogootee, IN is 73. This is a increase of 39.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $311,000 | 62.0% |
Listing Count | 24 | 22.0% |
| Listings as % of Homes | 0.3% | 22.0% |
Days on Market | 73 | 39.0% |
Demographics — Loogootee, IN
As of the latest ACS Survey released in 2023, Loogootee, IN has a population of 8,610, which has increased by 4.3% over the past 5 years. Loogootee, IN is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,610 | 4.3% |
% Under 18 | 27.6% | 2.6% |
% Seniors | 17.3% | 13.1% |
% WFH | 8.2% | 86.4% |
% w/ College Degree | 14.8% | 7.2% |
As of the latest ACS Survey released in 2023, Loogootee, IN is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Loogootee, IN is hispanic, making up 1.4% of the population. Foreign-born residents account for 0.6% of the population in Loogootee, IN, and this percentage has increased by 100.0% 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 | 95.4% | -3.8% |
% Black | 0.1% | 0.0% |
% Hispanic | 1.4% | 1,300.0% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 0.6% | 100.0% |
Mortgage and Risk — Loogootee, IN
According to HUD data as of 2023, there were 102 mortgage originations in Loogootee, IN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Loogootee, IN. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 102 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Loogootee, IN
Loogootee, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 38 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Loogootee, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $240,000 |
| Median Household Income | $74,500 |