Francesville, IN—47946
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Francesville, IN
Francesville, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $203,000 | 3.7% |
| Single Family | $203,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $148,000 | 2.8% |
3 Bed | $210,000 | 4.0% |
4 Bed | $243,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Francesville, IN
Francesville, 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 — Francesville, IN
As of Nov '25, Realtor.com reports that the median days on market for a home in Francesville, IN is 32. This is a increase of 11.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $215,000 | -1.0% |
Listing Count | 5 | -16.0% |
| Listings as % of Homes | 0.7% | -16.0% |
Days on Market | 32 | 11.0% |
Demographics — Francesville, IN
As of the latest ACS Survey released in 2023, Francesville, IN has a population of 2,180, which has increased by 2.9% over the past 5 years. Francesville, IN is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 9.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,180 | 2.9% |
% Under 18 | 20.6% | 12.0% |
% Seniors | 18.4% | -19.7% |
% WFH | 4.8% | 20.0% |
% w/ College Degree | 9.1% | -35.5% |
As of the latest ACS Survey released in 2023, Francesville, IN is a predominantly white area, with 83.4% of the population identifying as white. The white population has shrunk by 13.9% in the last 5 years. The second most common race or ethnicity in Francesville, IN is hispanic, making up 11.6% of the population. Foreign-born residents account for 8.1% of the population in Francesville, IN, and this percentage has increased by Inf% 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 | 83.4% | -13.9% |
% Black | 0.3% | ∞% |
% Hispanic | 11.6% | 329.6% |
% Asian | 1.3% | ∞% |
% Foreign Born | 8.1% | ∞% |
Mortgage and Risk — Francesville, IN
According to HUD data as of 2023, there were 52 mortgage originations in Francesville, IN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Francesville, IN. Investor activity is low, as 4.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 21.0% |
Rentals and Section 8 — Francesville, IN
Francesville, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,070 |
| 2 Bedroom | N/A | N/A | $1,210 |
| 3 Bedroom | N/A | N/A | $1,670 |
| 4 Bedroom | N/A | N/A | $1,990 |
Affordability — Francesville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $203,000 |
| Median Household Income | $78,800 |