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Nappanee, IN
Full City Profile · Indiana · Elkhart County County
2.9
/5.0
C+
Fair
7,040
Population
1,428/sq mi density
$66,944
Median Income
$33,250 per capita
$209,000
Home Value
$284,410 Zillow
$876
Median Rent
33.7% income on rent
50°F
Avg Temperature
275 sunny days/yr
75
Violent Crime/100K
1,715 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$66,944 median income, 4.6% unemployment
A+
Affordability
4.9 / 5.0
$209,000 home value, $876/mo rent
F
Safety
1.0 / 5.0
75 violent crimes/100K
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher
Housing Overview
Median Home Value
$209,000
26% below
US avg: $281,900
Median Rent
$876/mo
25% below
US avg: $1,163/mo
Homeownership Rate
59.6%
9% below US avg (65.4%)
Total Housing Units
2,947
Median year built: 1981
Home Value by Source
Census Median
$209,000
Zillow (ZHVI)
$284,410
Median Sale Price
$240,000
Median List Price
$161,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.6%
Owner-Occupied
40.4%
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:
$876/mo
Market Indicators (Redfin)
Median Days on Market
21 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$139
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
33.7%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
59.6%
Complete Housing Data
Home Values
| Census Median Value | $209,000 |
| Zillow Home Value (ZHVI) | $284,410 |
| Median Sale Price | $240,000 |
| Median List Price | $161,000 |
| Price Per Sq Ft | $139 |
Rent
| Census Median Rent | $876 |
| 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 | 21 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 5 |
| Price Per Sq Ft | $139 |
Ownership & Stock
| Owner-Occupied | 59.6% |
| Renter-Occupied | 40.4% |
| Homeownership Rate | 59.6% |
| Total Housing Units | 2,947 |
| Median Year Built | 1981 |
| Rent Burden | 33.7% |