What is the average home price in Odon, IN 47562?

As of May '26, the median home price in Odon, IN 47562 is $301,000, based on Zillow home estimates.

How have home prices in Odon, IN 47562 changed over the past year?

As of May '26, home prices have increased 11.2% over the past year, according to Zillow home estimates data.

What is the home price projection for Odon, IN 47562?

As of May '26, Zillow projects home prices in Odon, IN 47562 to increase 3.7% in the next year.

What are the demographics of Odon, IN 47562?

According to the latest Census, the demographics of Odon, IN 47562 are 94.7% White, 0.2% Black, 0.3% Asian, 0.7% Hispanic. The population is 5,330, with 35.9% under 18 years old.

How long does it take homes to sell in Odon, IN 47562?

According to Realtor.com, as of May '26, the median home in Odon, IN 47562 is on the market for 25 days. This is a decrease of 33.0% from last year.

What is the average rent price in Odon, IN 47562?

The average rent price in Odon, IN 47562, as of the latest data, is N/A. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is N/A, N/A, and N/A respectively.

Odon, IN 47562 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Odon, IN—47562

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$301,000

11.2% YoY Growth

Household Income

$70,900

43.2% YoY Growth

Days on Market

33.0% Shorter YoY

Home Price Forecast

3.7%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Odon, IN

As of May '26, the median home price in Odon, IN is $301,000, with a year-over-year change of 11.2%. This indicates that home prices in Odon, IN are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$301,000	11.2%
Single Family	$300,000	11.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Odon, IN

Odon, 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

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% of Rental Stock

Studio

6.8%

1 Bedroom

34.2%

2 Bedrooms

20.1%

3 Bedrooms

34.8%

5+ Bedrooms

4.1%

Property Listings — Odon, IN

As of May '26, Realtor.com reports that the median days on market for a home in Odon, IN is 25. This is a decrease of -33.0% 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 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	$230,000	-19.0%
Listing Count	12	-41.0%
Listings as % of Homes	0.3%	-41.0%
Days on Market	25	-33.0%

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Demographics — Odon, IN

As of the latest ACS Survey released in 2023, Odon, IN has a population of 5,330, which has increased by 10.5% over the past 5 years. Odon, IN is a popular place for families, as children make up 35.9% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,330	10.5%
% Under 18	35.9%	5.0%
% Seniors	16.0%	-13.0%
% WFH	9.4%	88.0%
% w/ College Degree	13.4%	11.7%

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As of the latest ACS Survey released in 2023, Odon, IN is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Odon, IN is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.4% of the population in Odon, IN, and this percentage has decreased by 69.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	94.7%	-3.5%
% Black	0.2%	∞%
% Hispanic	0.7%	600.0%
% Asian	0.3%	-57.1%
% Foreign Born	0.4%	-69.2%

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Mortgage and Risk — Odon, IN

According to HUD data as of 2023, there were 54 mortgage originations in Odon, IN, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Odon, IN. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	54
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Odon, IN

Odon, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	37
Total Units Section 8	37
% Rentals under Section 8	N/A
% Occupied Section 8	79.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$720
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,130
4 Bedroom	N/A	N/A	$1,230

Odon, IN—47562

Key Metrics at a Glance

Home Price Trends — Odon, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Odon, IN

% of Rental Stock

Property Listings — Odon, IN

Demographics — Odon, IN

Race and Ethnicity

Mortgage and Risk — Odon, IN

Mortgages

Rentals and Section 8 — Odon, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Odon, IN

Home Price to Income Ratio

Odon, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Newberry, IN

Elnora, IN

Plainville, IN

Lyons, IN

Loogootee, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$301,000
Median Household Income	$70,900