Housing in Bourbon, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$142,250

Median List Price

N/A

Price Per Sq Ft

$93

Days on Market

71

Active Inventory

1

Months of Supply

0.5

Seller's market

Zillow Home Value

$229,516

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 22.5%List Price 57.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

89.8%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
100.0%

Market Activity

Source: Redfin

Homes Sold

2

Pending Sales

3

Homes Sold 0.0%New Listings 0.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$93

Sale $/SF 19.2%List $/SF 15.7%Mar 24Jan 26

Bourbon vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Bourbon is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$156,800

Median Rent

$848

Total Housing Units

765

Vacancy Rate

12.0%

Owner Occupied

74.6%

Renter Occupied

25.4%

Median Property Tax

$1,209

per year

Monthly Cost (w/ Mortgage)

$936

Housing Types

Single Family
82.6%
Multi-Family
16.1%
Mobile Home
1.3%

The current median sale price in Bourbon, IN is $142,250 according to Redfin data. Homes spend a median of 71 days on the market. 0.0% of homes sold above asking price. The market has 0.5 months of supply. The median price per square foot is $93. The median rent is $848 per month (Census ACS). About 74.6% of housing units are owner-occupied. The median year homes were built is 1958. There are 765 total housing units.