Wadesville, IN—47638
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wadesville, IN
As of Oct '25, the median home price in Wadesville, IN is $296,000, with a year-over-year change of 5.8%. This indicates that home prices in Wadesville, IN are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $296,000 | 5.8% |
| Single Family | $297,000 | 6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $228,000 | 8.1% |
3 Bed | $299,000 | 6.0% |
4 Bed | $365,000 | 4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wadesville, IN
As of July '25, Rentcast reports the average rent in Wadesville, IN is $1,680, with a year-over-year rent change of 111.3%. Per bedroom, the median rent as of July '25 in Wadesville, IN is 3-bedrooms: $1,680. The most common rental property sizes in Wadesville, IN are 1-bedroom and 2-bedroom, accounting for 40.3% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,680 | $1,680 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wadesville, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Wadesville, IN is 53. This is a increase of 32.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $287,000 | 29.0% |
Listing Count | 10 | 17.0% |
| Listings as % of Homes | 0.1% | 17.0% |
Days on Market | 53 | 32.0% |
Demographics — Wadesville, IN
As of the latest ACS Survey released in 2023, Wadesville, IN has a population of 3,770, which has increased by 8.1% over the past 5 years. Wadesville, IN is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 28.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,770 | 8.1% |
% Under 18 | 22.9% | -3.8% |
% Seniors | 16.4% | 4.5% |
% WFH | 5.7% | 3.6% |
% w/ College Degree | 28.6% | 44.4% |
As of the latest ACS Survey released in 2023, Wadesville, IN is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Wadesville, IN is black, making up 1.2% of the population. Foreign-born residents account for 1.3% of the population in Wadesville, IN, and this percentage has increased by 550.0% 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 | 90.3% | -8.8% |
% Black | 1.2% | ∞% |
% Hispanic | 1.2% | 50.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.3% | 550.0% |
Mortgage and Risk — Wadesville, IN
According to HUD data as of 2023, there were 155 mortgage originations in Wadesville, IN, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Wadesville, IN. Investor activity is low, as 3.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 155 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Wadesville, IN
Wadesville, 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 | $970 |
| 3 Bedroom | -$450 | $1,680 | $1,230 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Wadesville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $296,000 |
| Median Household Income | $84,300 |