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Brazil, IN

Full City Profile · Indiana · Clay County County

2.8 /5.0
C+ Fair
8,064 Population 2,185/sq mi density
$49,331 Median Income $29,229 per capita
$105,900 Home Value $182,015 Zillow
$824 Median Rent 24.6% income on rent
52°F Avg Temperature 293 sunny days/yr
324 Violent Crime/100K 4,931 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$49,331 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$105,900 home value, $824/mo rent
F
Safety
1.0 / 5.0
324 violent crimes/100K
D
Education
1.8 / 5.0
9.7% bachelor's degree or higher

Housing Overview

Median Home Value
$105,900
62% below
US avg: $281,900
Median Rent
$824/mo
29% below
US avg: $1,163/mo
Homeownership Rate
65.5%
0% below US avg (65.4%)
Total Housing Units
3,675
Median year built: 1964

Home Value by Source

Census Median
$105,900
Zillow (ZHVI)
$182,015
Median Sale Price
$161,950
Median List Price
$115,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.5%
Owner-Occupied
34.5%
Renter-Occupied
66%
35%
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: $824/mo

Market Indicators (Redfin)

Median Days on Market
31 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
40.0%
of listings with price reduction
Price Per Sq Ft
$96
Active Inventory
15
homes for sale

Affordability & Housing Stock

Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
65.5%

Complete Housing Data

Home Values

Census Median Value$105,900
Zillow Home Value (ZHVI)$182,015
Median Sale Price$161,950
Median List Price$115,000
Price Per Sq Ft$96

Rent

Census Median Rent$824
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 Market31
Sale-to-List Ratio1.0%
Price Drops40.0%
Homes Sold6
Active Inventory15
Price Per Sq Ft$96

Ownership & Stock

Owner-Occupied65.5%
Renter-Occupied34.5%
Homeownership Rate65.5%
Total Housing Units3,675
Median Year Built1964
Rent Burden24.6%