Russellville, IN

Full City Profile · Indiana · Putnam County County

3.5 /5.0
B+ Good
301 Population 1,505/sq mi density
$71,429 Median Income $27,309 per capita
$90,000 Home Value $196,495 Zillow
50°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$71,429 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$90,000 home value, /mo rent
D
Education
1.5 / 5.0
6.8% bachelor's degree or higher

Housing Overview

Median Home Value
$90,000
68% below
US avg: $281,900
Homeownership Rate
93.3%
43% above US avg (65.4%)
Total Housing Units
161
Median year built: 1944

Home Value by Source

Census Median
$90,000
Zillow (ZHVI)
$196,495
Redfin Median Sale
$210,000
Median Sale Price
$210,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

93.3%
Owner-Occupied
6.7%
Renter-Occupied
93%
7%
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

Market Indicators (Redfin)

Median Sale Price
$210,000
Median Days on Market
117 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$97
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
37.5%
of renters spending 30%+ of income on housing
21% above US avg (31.0%)
Median Year Built
1944
Average age of housing stock: 82 years
Homeownership Rate
93.3%

Complete Housing Data

Home Values

Census Median Value$90,000
Zillow Home Value (ZHVI)$196,495
Redfin Median Sale$210,000
Median Sale Price$210,000
Price Per Sq Ft$97

Rent

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 Market117
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$97

Ownership & Stock

Owner-Occupied93.3%
Renter-Occupied6.7%
Homeownership Rate93.3%
Total Housing Units161
Median Year Built1944
Rent Burden37.5%