Real Estate Investing in Bourbon, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 3,391 • Marshall County

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Should you buy in Bourbon, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Bourbon, IN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $253,136
Avg Monthly Rent $873
ZIP Codes 1

Investing in Bourbon Real Estate

Bourbon (Indiana) spans 1 ZIPs and roughly a sizable population. clearly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Across Bourbon's 1 ZIPs, fundamentals run subdued: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Rent trends and price trends in Bourbon are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Indiana.

The 0% renter share in Bourbon masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Plymouth, IN

Bourbon is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Bourbon, IN. Anonymous, moderated, never written by AI.

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Avg Home Value
$253,136
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (IN)

📉 Market Crash Risk Index

Based on Plymouth, IN metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
53%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Plymouth, IN metro
0
Days to pending
9.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Bourbon, IN

Screen every ZIP in Bourbon

Filter Bourbon’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Bourbon, IN

What strategy should investors use in Bourbon, IN?

A careful cash-flow rentals with hands-on management strategy Bourbon, IN best. The market produces measured results for that approach at the $253K price point.

How much should I expect to pay for a home in Bourbon, IN?

Typical homes in Bourbon, IN go for around $253K. The 5-year CAGR of 0.0% consistent price movement.

Is Bourbon, IN a smart market for rental property?

The 3.0/5 investability rating in Bourbon, IN reflects its $253K prices and $873/mo rents. Investors generally consider it a solid option within IN.

Are landlord laws favorable in Bourbon, IN?

Rental owners in Bourbon, IN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

Is vacancy a concern in Bourbon, IN?

Expect elevated vacancy in Bourbon, IN. Rents at $873/mo are absorbed by the tenant base without meaningful lag.

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