Real Estate Investing in Ellettsville, Indiana

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

1 ZIP codes • Population: 7,402 • Monroe County

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

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

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 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 Ellettsville, IN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.8% 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 $281,620
Avg Monthly Rent $999
ZIP Codes 1

Investing in Ellettsville Real Estate

Across Ellettsville's 1 ZIPs, the picture is muted: $282K median values, $999/mo rents, and a population that has faced real economic pressure.

Ellettsville is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state investors should be especially careful with the assumptions they carry in.

Market conditions in Ellettsville are subdued. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

A an established population with $N/AK household income profile is what makes Ellettsville a challenging rental market — the tenant base is present, but the affordability math is tight.

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 Bloomington, IN

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$281,620
Avg Monthly Rent
$999
1% Rule
✗ Below
Landlord Friendly (IN)

📉 Market Crash Risk Index

Based on Bloomington, IN metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
66%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Bloomington, IN metro
0
Days to pending
7.9%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Ellettsville, IN

Screen every ZIP in Ellettsville

Filter Ellettsville’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 Ellettsville, IN

Are homes affordable in Ellettsville, IN?

Ellettsville, IN median home values land near $282K. That is reasonable territory for investors looking at $999/mo-per-month rentals.

What investment strategy works best in Ellettsville, IN?

Most investors in Ellettsville, IN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Is Ellettsville in IN worth investing in?

Investors tracking Ellettsville, IN will find a 3.0/5 rating supported by $282K median home values and $999/mo rents. That profile suits long-term holders targeting reliable returns.

Does Ellettsville, IN favor landlords or tenants?

Ellettsville, IN operates under IN law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.

What is the typical renter like in Ellettsville, IN?

Ellettsville, IN offers a reliable renter base at the $999/mo rent level. Tenant turnover is reasonable for well-managed properties.

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