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Wheatfield, IN

Full City Profile · Indiana · Jasper County County

3.1 /5.0
B Good
841 Population 1,425/sq mi density
$80,625 Median Income $30,327 per capita
$191,900 Home Value $323,322 Zillow
$790 Median Rent 27.9% income on rent
50°F Avg Temperature 282 sunny days/yr
340 Violent Crime/100K 4,205 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$80,625 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$191,900 home value, $790/mo rent
F
Safety
1.0 / 5.0
340 violent crimes/100K
C
Education
2.1 / 5.0
13.2% bachelor's degree or higher

Housing Overview

Median Home Value
$191,900
32% below
US avg: $281,900
Median Rent
$790/mo
32% below
US avg: $1,163/mo
Homeownership Rate
80.9%
24% above US avg (65.4%)
Total Housing Units
352
Median year built: 1969

Home Value by Source

Census Median
$191,900
Zillow (ZHVI)
$323,322
Median Sale Price
$332,655
Median List Price
$100,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.9%
Owner-Occupied
19.1%
Renter-Occupied
81%
19%
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: $790/mo

Market Indicators (Redfin)

Median Days on Market
46 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$212
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
80.9%

Complete Housing Data

Home Values

Census Median Value$191,900
Zillow Home Value (ZHVI)$323,322
Median Sale Price$332,655
Median List Price$100,000
Price Per Sq Ft$212

Rent

Census Median Rent$790
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 Market46
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold3
Active Inventory2
Price Per Sq Ft$212

Ownership & Stock

Owner-Occupied80.9%
Renter-Occupied19.1%
Homeownership Rate80.9%
Total Housing Units352
Median Year Built1969
Rent Burden27.9%