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New Pekin, IN

Full City Profile · Indiana · Washington County County

2.8 /5.0
C+ Fair
1,377 Population 579/sq mi density
$50,500 Median Income $24,132 per capita
$116,000 Home Value $226,683 Zillow
$837 Median Rent 25.0% income on rent
55°F Avg Temperature 293 sunny days/yr
114 Violent Crime/100K 1,849 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$50,500 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$116,000 home value, $837/mo rent
F
Safety
1.0 / 5.0
114 violent crimes/100K
D
Education
1.8 / 5.0
9.9% bachelor's degree or higher

Housing Overview

Median Home Value
$116,000
59% below
US avg: $281,900
Median Rent
$837/mo
28% below
US avg: $1,163/mo
Homeownership Rate
64.0%
2% below US avg (65.4%)
Total Housing Units
622
Median year built: 1975

Home Value by Source

Census Median
$116,000
Zillow (ZHVI)
$226,683
Median Sale Price
$244,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.0%
Owner-Occupied
36.0%
Renter-Occupied
64%
36%
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: $837/mo

Market Indicators (Redfin)

Median Days on Market
35 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$200
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
25.0%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
64.0%

Complete Housing Data

Home Values

Census Median Value$116,000
Zillow Home Value (ZHVI)$226,683
Median Sale Price$244,900
Price Per Sq Ft$200

Rent

Census Median Rent$837
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 Market35
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$200

Ownership & Stock

Owner-Occupied64.0%
Renter-Occupied36.0%
Homeownership Rate64.0%
Total Housing Units622
Median Year Built1975
Rent Burden25.0%