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Ossian, IN

Full City Profile · Indiana · Wells County County

3.6 /5.0
B+ Good
3,342 Population 1,759/sq mi density
$67,641 Median Income $33,138 per capita
$184,000 Home Value $251,752 Zillow
$896 Median Rent 19.8% income on rent
50°F Avg Temperature 275 sunny days/yr
10 Violent Crime/100K 3,504 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$67,641 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$184,000 home value, $896/mo rent
D
Safety
1.8 / 5.0
10 violent crimes/100K
B
Education
3.3 / 5.0
28.4% bachelor's degree or higher

Housing Overview

Median Home Value
$184,000
35% below
US avg: $281,900
Median Rent
$896/mo
23% below
US avg: $1,163/mo
Homeownership Rate
67.2%
3% above US avg (65.4%)
Total Housing Units
1,695
Median year built: 1979

Home Value by Source

Census Median
$184,000
Zillow (ZHVI)
$251,752
Median Sale Price
$154,000
Median List Price
$229,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.2%
Owner-Occupied
32.8%
Renter-Occupied
67%
33%
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: $896/mo

Market Indicators (Redfin)

Median Days on Market
7 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
75.0%
of listings with price reduction
Price Per Sq Ft
$119
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
19.8%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
67.2%

Complete Housing Data

Home Values

Census Median Value$184,000
Zillow Home Value (ZHVI)$251,752
Median Sale Price$154,000
Median List Price$229,900
Price Per Sq Ft$119

Rent

Census Median Rent$896
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 Market7
Sale-to-List Ratio1.0%
Price Drops75.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$119

Ownership & Stock

Owner-Occupied67.2%
Renter-Occupied32.8%
Homeownership Rate67.2%
Total Housing Units1,695
Median Year Built1979
Rent Burden19.8%