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IN area data

Michigantown, IN

Michigantown, IN.

Population: 1,270 (Census ACS)

Home values & appreciation

Median home value
$244,643
1-year appreciation
+6.1%
3-year appreciation
+19.1%
5-year appreciation
+39.7%
10-year appreciation
+106.6%
All-time peak (2026-07)
$244,643
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$339,900
Median list price
$242,400
Median days on market
196 days
Sale-to-list ratio
100.0%
Active listings
2
1-year forecast
+4.4%

Rents

2-bedroom fair-market rent (HUD reference)
$1,156/mo
3BR fair-market rent
$1,502/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought, hail, strongWind
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
62.0°F
Average low
42.0°F
Annual precipitation
46.4 in
Annual snowfall
28.5 in

Walkability & transit

Walkability index
4.3 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Frankfort Clinton County Regional Airport (11 mi)
Nearest major airport
Grissom Air Reserve Base (GUS) (25 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-1 tax filers

Housing stock

Median year housing built
1,956
Median annual property tax
$966
Mean commute to work
19 min
Households with broadband internet
54.1%

Employment & development

Total county employment
9,903
Average weekly wage
$1,019
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
23

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents