Real Estate Investing in Mulberry, Indiana

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1 ZIP codes • Population: 2,127 • Clinton County

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

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

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 Mulberry, IN?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.3% 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 $266,155
Avg Monthly Rent $1,017
ZIP Codes 1

Investing in Mulberry Real Estate

Across Mulberry's 1 ZIPs, the picture is sluggish: $266K median values, $1,017/mo rents, and a population that has faced real economic pressure.

plainly Mulberry's aggregate rating of ★★★☆☆ reflects tepid investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

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

Demographics in Mulberry show real pressure — median income of $N/AK is subdued relative to rents, and the 0% renter share includes significant cost-burdened households.

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Best ZIP codes in Frankfort, IN

Mulberry 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
$266,155
Avg Monthly Rent
$1,017
1% Rule
✗ Below
Landlord Friendly (IN)

📉 Market Crash Risk Index

Based on Frankfort, IN metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
62%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Frankfort, IN metro
0
Days to pending
9.6%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Mulberry, IN

Screen every ZIP in Mulberry

Filter Mulberry’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 Mulberry, IN

Are rents high in Mulberry, IN?

Mulberry, IN rentals go for roughly $1,017/mo a month. That puts gross yield in solid territory relative to $266K acquisition costs.

How much does a house cost in Mulberry, IN?

Homes in Mulberry, IN typically sell near $266K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

How does Mulberry, IN stack up for property investment?

Mulberry, IN clocks in at an investability rating of 3.0/5, with median home values near $266K and average rents around $1,017/mo. That combination puts it in the sturdy tier for investor interest.

Do landlords face vacancy issues in Mulberry, IN?

Rental vacancy in Mulberry, IN is elevated. Investors should budget normal turnover but not chronic empty units.

Is house hacking profitable in Mulberry, IN?

House hacking works a challenging in Mulberry, IN. Rents of $1,017/mo against $266K acquisition make the strategy solid for owner-occupants.

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