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IN area data

Velpen, IN

Velpen, IN.

Population: 544 (Census ACS)

The median home value in Velpen, IN is $253,396 — up 10.6% over the past year. Homes sell for a median $349,000 after a median 3 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$253,396

Median home value

+10.6%

1-year change

3

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$253,396
1-year appreciation
+10.6%
3-year appreciation
+20.0%
5-year appreciation
+39.5%
10-year appreciation
+114.1%
All-time peak (2026-04)
$254,124
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$349,000
Median list price
$349,000
Median price per sqft
$162
Median days on market
3 days
Homes sold (recent period)
1
Sale-to-list ratio
100.0%
Active listings
2
1-year forecast
+2.9%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$750/mo
1BR fair-market rent
$937/mo
2BR fair-market rent
$1,156/mo
3BR fair-market rent
$1,502/mo
4BR fair-market rent
$1,734/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

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%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Notable hazard ratings (county)
drought: Relatively Low · earthquake: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low · lightning: Relatively Low · strongWind: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 19% of US counties
Buildings in wildfire direct-exposure zone
69.2%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
56.0°F
Average high
65.0°F
Average low
46.0°F
Annual precipitation
55.4 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
4.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
2,219
Jobs reachable by transit (45 min)
2,367

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Lincoln Boyhood National Memorial (18 mi)
National parks include
Lincoln Boyhood National Memorial, George Rogers Clark National Historical Park
Airports within 30 mi
18
Nearest airport
Richardson Field (7 mi)
Nearest major airport
Evansville Regional Airport (EVV) (32 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MEMORIAL HOSPITAL AND HEALTH CARE CENTER
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-3 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,984
Housing built before 1970
19.7%
Housing built 2000 or later
28.7%
Median annual property tax
$1,430
Households with broadband internet
65.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
1,923
Average weekly wage
$1,234
Top industries (by employment)
Administrative Services, Other Services, Professional Services
Annual residential building permits (county)
20

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

VelpenState medianUS median
Median home value$253,396$237,170$289,727
Median sale price$349,000$238,000$325,000
Median days on market3 days38 days51 days
Median annual property tax$1,430$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

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

Common questions

What is the median home value in Velpen, IN?
$253,396.
What is the median sale price in Velpen, IN?
$349,000.
How long do homes take to sell in Velpen, IN?
Median days on market: 3 days.
What is typical rent in Velpen, IN?
2-bedroom fair-market rent: $1,156/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Velpen, IN?
Overall risk: Very Low (FEMA NRI, county-level).
Is Velpen, IN in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Velpen, IN?
Risk to homes is higher than 19% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Velpen, IN?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Velpen, IN?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is Velpen, IN walkable?
Walkability index: 4.8/20 (EPA Smart Location Database).
What is the cost of living in Velpen, IN?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Velpen

Selling a home in Velpen, IN?

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Data last updated

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

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