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Advance, IN
Full City Profile · Indiana · Hendricks County County
3.3
/5.0
B
Good
418
Population
708/sq mi density
$65,000
Median Income
$33,993 per capita
$164,800
Home Value
$205,180 Zillow
$1,014
Median Rent
29.8% income on rent
51°F
Avg Temperature
293 sunny days/yr
515
Violent Crime/100K
2,783 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$65,000 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$164,800 home value, $1,014/mo rent
F
Safety
1.0 / 5.0
515 violent crimes/100K (35% above avg)
C+
Education
2.9 / 5.0
23.7% bachelor's degree or higher
Housing Overview
Median Home Value
$164,800
42% below
US avg: $281,900
Median Rent
$1,014/mo
13% below
US avg: $1,163/mo
Homeownership Rate
83.5%
28% above US avg (65.4%)
Total Housing Units
189
Median year built: 1945
Home Value by Source
Census Median
$164,800
Zillow (ZHVI)
$205,180
Median Sale Price
$195,000
Median List Price
$269,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.5%
Owner-Occupied
16.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,014/mo
Market Indicators (Redfin)
Median Days on Market
9 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$82
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
29.8%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1945
Average age of housing stock: 81 years
Homeownership Rate
83.5%
Complete Housing Data
Home Values
| Census Median Value | $164,800 |
| Zillow Home Value (ZHVI) | $205,180 |
| Median Sale Price | $195,000 |
| Median List Price | $269,900 |
| Price Per Sq Ft | $82 |
Rent
| Census Median Rent | $1,014 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 9 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $82 |
Ownership & Stock
| Owner-Occupied | 83.5% |
| Renter-Occupied | 16.5% |
| Homeownership Rate | 83.5% |
| Total Housing Units | 189 |
| Median Year Built | 1945 |
| Rent Burden | 29.8% |