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Pendleton, IN
Full City Profile · Indiana · Madison County County
3.7
/5.0
B+
Good
5,115
Population
379/sq mi density
$87,971
Median Income
$51,969 per capita
$236,200
Home Value
$329,777 Zillow
$1,154
Median Rent
25.3% income on rent
53°F
Avg Temperature
275 sunny days/yr
342
Violent Crime/100K
4,483 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$87,971 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$236,200 home value, $1,154/mo rent
F
Safety
1.0 / 5.0
342 violent crimes/100K
A
Education
4.0 / 5.0
37.5% bachelor's degree or higher
Housing Overview
Median Home Value
$236,200
16% below
US avg: $281,900
Median Rent
$1,154/mo
1% below
US avg: $1,163/mo
Homeownership Rate
69.6%
6% above US avg (65.4%)
Total Housing Units
2,268
Median year built: 1983
Home Value by Source
Census Median
$236,200
Zillow (ZHVI)
$329,777
Median Sale Price
$364,863
Median List Price
$364,813
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.6%
Owner-Occupied
30.4%
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:
$1,154/mo
· Zillow rent:
$2,168/mo
Market Indicators (Redfin)
Median Days on Market
70 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$152
Active Inventory
27
homes for sale
Affordability & Housing Stock
Rent Burden
25.3%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
69.6%
Complete Housing Data
Home Values
| Census Median Value | $236,200 |
| Zillow Home Value (ZHVI) | $329,777 |
| Median Sale Price | $364,863 |
| Median List Price | $364,813 |
| Price Per Sq Ft | $152 |
Rent
| Census Median Rent | $1,154 |
| Zillow Rent (ZORI) | $2,168 |
| 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 | 70 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 33.3% |
| Homes Sold | 6 |
| Active Inventory | 27 |
| Price Per Sq Ft | $152 |
Ownership & Stock
| Owner-Occupied | 69.6% |
| Renter-Occupied | 30.4% |
| Homeownership Rate | 69.6% |
| Total Housing Units | 2,268 |
| Median Year Built | 1983 |
| Rent Burden | 25.3% |