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Leo-Cedarville, IN

Full City Profile · Indiana · Allen County County

3.8 /5.0
B+ Good
3,670 Population 987/sq mi density
$107,466 Median Income $45,439 per capita
$284,900 Home Value $372,394 Zillow
48°F Avg Temperature 275 sunny days/yr
63 Violent Crime/100K 2,110 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$107,466 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$284,900 home value, /mo rent
F
Safety
1.0 / 5.0
63 violent crimes/100K
A
Education
4.3 / 5.0
40.9% bachelor's degree or higher

Housing Overview

Median Home Value
$284,900
1% above
US avg: $281,900
Homeownership Rate
94.8%
45% above US avg (65.4%)
Total Housing Units
1,265
Median year built: 1977

Home Value by Source

Census Median
$284,900
Zillow (ZHVI)
$372,394
Median Sale Price
$391,000
Median List Price
$344,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

94.8%
Owner-Occupied
5.2%
Renter-Occupied
95%
5%
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
13 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$132
Active Inventory
15
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
94.8%

Complete Housing Data

Home Values

Census Median Value$284,900
Zillow Home Value (ZHVI)$372,394
Median Sale Price$391,000
Median List Price$344,950
Price Per Sq Ft$132

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 Market13
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold4
Active Inventory15
Price Per Sq Ft$132

Ownership & Stock

Owner-Occupied94.8%
Renter-Occupied5.2%
Homeownership Rate94.8%
Total Housing Units1,265
Median Year Built1977
Rent Burden51.0%