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Gas City, IN
Full City Profile · Indiana · Grant County County
3.0
/5.0
B
Good
6,097
Population
1,212/sq mi density
$57,106
Median Income
$30,618 per capita
$122,800
Home Value
$156,417 Zillow
$858
Median Rent
24.0% income on rent
51°F
Avg Temperature
275 sunny days/yr
280
Violent Crime/100K
2,765 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$57,106 median income, 4.3% unemployment
A+
Affordability
5.0 / 5.0
$122,800 home value, $858/mo rent
F
Safety
1.0 / 5.0
280 violent crimes/100K
C+
Education
2.5 / 5.0
19.2% bachelor's degree or higher
Housing Overview
Median Home Value
$122,800
56% below
US avg: $281,900
Median Rent
$858/mo
26% below
US avg: $1,163/mo
Homeownership Rate
72.9%
11% above US avg (65.4%)
Total Housing Units
2,711
Median year built: 1959
Home Value by Source
Census Median
$122,800
Zillow (ZHVI)
$156,417
Median Sale Price
$176,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.9%
Owner-Occupied
27.1%
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:
$858/mo
Market Indicators (Redfin)
Median Days on Market
20 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$135
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
24.0%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
72.9%
Complete Housing Data
Home Values
| Census Median Value | $122,800 |
| Zillow Home Value (ZHVI) | $156,417 |
| Median Sale Price | $176,000 |
| Price Per Sq Ft | $135 |
Rent
| Census Median Rent | $858 |
| 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 | 20 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 28.6% |
| Homes Sold | 3 |
| Active Inventory | 7 |
| Price Per Sq Ft | $135 |
Ownership & Stock
| Owner-Occupied | 72.9% |
| Renter-Occupied | 27.1% |
| Homeownership Rate | 72.9% |
| Total Housing Units | 2,711 |
| Median Year Built | 1959 |
| Rent Burden | 24.0% |