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McCordsville, IN

Full City Profile · Indiana · Hancock County County

4.0 /5.0
A Great
9,700 Population 1,158/sq mi density
$113,495 Median Income $56,560 per capita
$327,900 Home Value $375,373 Zillow
$1,085 Median Rent 23.1% income on rent
52°F Avg Temperature 293 sunny days/yr
21 Violent Crime/100K 951 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$113,495 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$327,900 home value, $1,085/mo rent
F
Safety
1.0 / 5.0
21 violent crimes/100K
A+
Education
5.0 / 5.0
56.9% bachelor's degree or higher

Housing Overview

Median Home Value
$327,900
16% above
US avg: $281,900
Median Rent
$1,085/mo
7% below
US avg: $1,163/mo
Homeownership Rate
89.6%
37% above US avg (65.4%)
Total Housing Units
3,583
Median year built: 2009

Home Value by Source

Census Median
$327,900
Zillow (ZHVI)
$375,373
Median Sale Price
$377,500
Median List Price
$349,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.6%
Owner-Occupied
10.4%
Renter-Occupied
90%
10%
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: $1,085/mo · Zillow rent: $2,261/mo

Market Indicators (Redfin)

Median Days on Market
104 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
24
Price Drops
31.5%
of listings with price reduction
Price Per Sq Ft
$145
Active Inventory
73
homes for sale

Affordability & Housing Stock

Rent Burden
23.1%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
2009
Average age of housing stock: 17 years
Homeownership Rate
89.6%

Complete Housing Data

Home Values

Census Median Value$327,900
Zillow Home Value (ZHVI)$375,373
Median Sale Price$377,500
Median List Price$349,900
Price Per Sq Ft$145

Rent

Census Median Rent$1,085
Zillow Rent (ZORI)$2,261
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 Market104
Sale-to-List Ratio1.0%
Price Drops31.5%
Homes Sold24
Active Inventory73
Price Per Sq Ft$145

Ownership & Stock

Owner-Occupied89.6%
Renter-Occupied10.4%
Homeownership Rate89.6%
Total Housing Units3,583
Median Year Built2009
Rent Burden23.1%