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Paragon, IN

Full City Profile · Indiana · Morgan County County

1.1 /5.0
F Poor
564 Population 2,014/sq mi density
$90,700 Home Value $255,867 Zillow
$979 Median Rent 51.0% income on rent
53°F Avg Temperature 293 sunny days/yr
354 Violent Crime/100K 2,968 property/100K
F
Overall
1.1 / 5.0
Below average overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
354 violent crimes/100K
F
Education
1.2 / 5.0
2.0% bachelor's degree or higher

Housing Overview

Median Home Value
$90,700
68% below
US avg: $281,900
Median Rent
$979/mo
16% below
US avg: $1,163/mo
Homeownership Rate
73.6%
13% above US avg (65.4%)
Total Housing Units
296
Median year built: 1938

Home Value by Source

Census Median
$90,700
Zillow (ZHVI)
$255,867
Median Sale Price
$210,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.6%
Owner-Occupied
26.4%
Renter-Occupied
74%
26%
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: $979/mo

Market Indicators (Redfin)

Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$138
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
73.6%

Complete Housing Data

Home Values

Census Median Value$90,700
Zillow Home Value (ZHVI)$255,867
Median Sale Price$210,000
Price Per Sq Ft$138

Rent

Census Median Rent$979
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 Market0
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$138

Ownership & Stock

Owner-Occupied73.6%
Renter-Occupied26.4%
Homeownership Rate73.6%
Total Housing Units296
Median Year Built1938
Rent Burden51.0%