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Woodburn city, IN

ZIP 46797 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46797

Median Home Value
$222,700
Median Rent
$730
Affordability Snapshot
$61,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,431/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 46797 in Woodburn city, IN, a household would need roughly $61,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,431. That sits below the local median household income ($92,000), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
92.5%+41% vs US avg
x
Vacancy Rate
2.3%-78% vs US avg
x
Broadband Access
92.3%+6% vs US avg
x
4+ Bedrooms
10.0%-33% vs US avg
x
Built Pre-1939
3.8%-70% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
4.8%-90% vs US avg
x
Mortgage-Free
39.2%+3% vs US avg
x
$222,700
Home Value
$730
Rent
1987
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached92.1%
  • 1-unit attached0.1%
  • 2-9 units0.6%
  • 10+ units1.3%
  • Mobile home & other5.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$222,700
Median rent$730
Owner-occupied92.5%
Vacant2.3%
Price-to-income2.4x
Est. income to buy$61,000