Mitchell, IN
Full City Profile · Indiana · Lawrence County County
3.3
/5.0
B
Good
3,941
Population
1,098/sq mi density
$45,580
Median Income
$21,562 per capita
$101,900
Home Value
$191,652 Zillow
$751
Median Rent
25.7% income on rent
54°F
Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$45,580 median income, 7.6% unemployment
A+
Affordability
5.0 / 5.0
$101,900 home value, $751/mo rent
C
Education
2.4 / 5.0
17.2% bachelor's degree or higher
Housing Overview
Median Home Value
$101,900
64% below
US avg: $281,900
Median Rent
$751/mo
35% below
US avg: $1,163/mo
Homeownership Rate
60.4%
8% below US avg (65.4%)
Total Housing Units
1,570
Median year built: 1974
Home Value by Source
Census Median
$101,900
Zillow (ZHVI)
$191,652
Redfin Median Sale
$187,500
Median Sale Price
$187,500
Median List Price
$199,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.4%
Owner-Occupied
39.6%
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:
$751/mo
Market Indicators (Redfin)
Median Sale Price
$187,500
Median Days on Market
61 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
23.1%
of listings with price reduction
Price Per Sq Ft
$145
Active Inventory
26
homes for sale
Affordability & Housing Stock
Rent Burden
25.7%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
60.4%
Complete Housing Data
Home Values
| Census Median Value | $101,900 |
| Zillow Home Value (ZHVI) | $191,652 |
| Redfin Median Sale | $187,500 |
| Median Sale Price | $187,500 |
| Median List Price | $199,450 |
| Price Per Sq Ft | $145 |
Rent
| Census Median Rent | $751 |
| 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 | 61 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.1% |
| Homes Sold | 6 |
| Active Inventory | 26 |
| Price Per Sq Ft | $145 |
Ownership & Stock
| Owner-Occupied | 60.4% |
| Renter-Occupied | 39.6% |
| Homeownership Rate | 60.4% |
| Total Housing Units | 1,570 |
| Median Year Built | 1974 |
| Rent Burden | 25.7% |