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Avon, IN

Full City Profile · Indiana · Hendricks County County

3.7 /5.0
B+ Good
22,683 Population 1,173/sq mi density
$97,589 Median Income $45,184 per capita
$300,600 Home Value $349,805 Zillow
$1,509 Median Rent 29.2% income on rent
54°F Avg Temperature 293 sunny days/yr
378 Violent Crime/100K 4,404 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$97,589 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$300,600 home value, $1,509/mo rent
F
Safety
1.0 / 5.0
378 violent crimes/100K
A
Education
4.4 / 5.0
42.4% bachelor's degree or higher

Housing Overview

Median Home Value
$300,600
7% above
US avg: $281,900
Median Rent
$1,509/mo
30% above
US avg: $1,163/mo
Homeownership Rate
71.6%
9% above US avg (65.4%)
Total Housing Units
8,550
Median year built: 2003

Home Value by Source

Census Median
$300,600
Zillow (ZHVI)
$349,805
Median Sale Price
$356,500
Median List Price
$369,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.6%
Owner-Occupied
28.4%
Renter-Occupied
72%
28%
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: $1,509/mo · Zillow rent: $1,734/mo

Market Indicators (Redfin)

Median Days on Market
58 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
21
Price Drops
34.9%
of listings with price reduction
Price Per Sq Ft
$161
Active Inventory
66
homes for sale

Affordability & Housing Stock

Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
71.6%

Complete Housing Data

Home Values

Census Median Value$300,600
Zillow Home Value (ZHVI)$349,805
Median Sale Price$356,500
Median List Price$369,950
Price Per Sq Ft$161

Rent

Census Median Rent$1,509
Zillow Rent (ZORI)$1,734
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 Market58
Sale-to-List Ratio1.0%
Price Drops34.9%
Homes Sold21
Active Inventory66
Price Per Sq Ft$161

Ownership & Stock

Owner-Occupied71.6%
Renter-Occupied28.4%
Homeownership Rate71.6%
Total Housing Units8,550
Median Year Built2003
Rent Burden29.2%