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Elizabeth, IN

Full City Profile · Indiana · Floyd County County

3.3 /5.0
B Good
126 Population 485/sq mi density
$84,750 Median Income $29,868 per capita
$127,500 Home Value $261,854 Zillow
$1,125 Median Rent 36.3% income on rent
59°F Avg Temperature 293 sunny days/yr
244 Violent Crime/100K 5,622 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$84,750 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$127,500 home value, $1,125/mo rent
F
Safety
1.0 / 5.0
244 violent crimes/100K
C+
Education
2.6 / 5.0
20.2% bachelor's degree or higher

Housing Overview

Median Home Value
$127,500
55% below
US avg: $281,900
Median Rent
$1,125/mo
3% below
US avg: $1,163/mo
Homeownership Rate
86.0%
31% above US avg (65.4%)
Total Housing Units
61
Median year built: 1938

Home Value by Source

Census Median
$127,500
Zillow (ZHVI)
$261,854
Median Sale Price
$235,000
Median List Price
$179,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.0%
Owner-Occupied
14.0%
Renter-Occupied
86%
14%
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: $1,125/mo

Market Indicators (Redfin)

Median Days on Market
28 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
36.3%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
86.0%

Complete Housing Data

Home Values

Census Median Value$127,500
Zillow Home Value (ZHVI)$261,854
Median Sale Price$235,000
Median List Price$179,900
Price Per Sq Ft$155

Rent

Census Median Rent$1,125
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 Market28
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$155

Ownership & Stock

Owner-Occupied86.0%
Renter-Occupied14.0%
Homeownership Rate86.0%
Total Housing Units61
Median Year Built1938
Rent Burden36.3%