All Countries
Heritage Lake, IN
Full City Profile · Indiana · Putnam County County
3.3
/5.0
B
Good
2,913
Population
968/sq mi density
$81,495
Median Income
$43,698 per capita
$237,300
Home Value
$310,205 Zillow
51°F
Avg Temperature
293 sunny days/yr
263
Violent Crime/100K
1,082 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$81,495 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$237,300 home value, /mo rent
F
Safety
1.0 / 5.0
263 violent crimes/100K
C+
Education
2.7 / 5.0
20.8% bachelor's degree or higher
Housing Overview
Median Home Value
$237,300
16% below
US avg: $281,900
Homeownership Rate
97.5%
49% above US avg (65.4%)
Total Housing Units
1,465
Median year built: 1996
Home Value by Source
Census Median
$237,300
Zillow (ZHVI)
$310,205
Median Sale Price
$325,000
Median List Price
$294,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
97.5%
Owner-Occupied
2.5%
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
Market Indicators (Redfin)
Median Days on Market
46 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
21.4%
of listings with price reduction
Price Per Sq Ft
$197
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
25.6%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
97.5%
Complete Housing Data
Home Values
| Census Median Value | $237,300 |
| Zillow Home Value (ZHVI) | $310,205 |
| Median Sale Price | $325,000 |
| Median List Price | $294,900 |
| Price Per Sq Ft | $197 |
Rent
| 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 | 46 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.4% |
| Homes Sold | 7 |
| Active Inventory | 14 |
| Price Per Sq Ft | $197 |
Ownership & Stock
| Owner-Occupied | 97.5% |
| Renter-Occupied | 2.5% |
| Homeownership Rate | 97.5% |
| Total Housing Units | 1,465 |
| Median Year Built | 1996 |
| Rent Burden | 25.6% |