IN area data
Paragon, IN
Paragon, IN.
Population: 2,813 (Census ACS)
The median home value in Paragon, IN is $274,289 — up 3.5% over the past year. Homes sell for a median $340,000 after a median 7 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, hail, tornado the top-rated hazards. Cost of living is 6.7% below the US average (BEA, metro/state-level).
$274,289
Median home value
+3.5%
1-year change
7
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $274,289
- 1-year appreciation
- +3.5%
- 3-year appreciation
- +18.7%
- 5-year appreciation
- +36.3%
- 10-year appreciation
- +131.5%
- All-time peak (2026-08)
- $274,289
- House Price Index (state)
- 378.8 (+3.5% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $340,000
- Median list price
- $285,000
- Median price per sqft
- $144
- 1-year sale-price change
- +13.3%
- Median days on market
- 7 days
- Homes sold (recent period)
- 5
- For-sale inventory
- 5
- Sale-to-list ratio
- 86.7%
- Active listings
- 6
- 1-year forecast
- +1.8%
- New listings (monthly)
- 3
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $1,187/mo
- 1BR fair-market rent
- $1,336/mo
- 2BR fair-market rent
- $1,536/mo
- 3BR fair-market rent
- $1,991/mo
- 4BR fair-market rent
- $2,425/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)
- 93.3 (100 = US avg)
- Electricity rate (state-level)
- 16.2¢/kWh
- Natural gas rate (state-level)
- $11.50/MCF
- 30-year mortgage rate (national)
- 7.40%
- 15-year mortgage rate (national)
- 6.73%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 1
- Elementary schools
- 1
- Middle schools
- 0
- High schools
- 0
- Avg student-teacher ratio
- 12.6 : 1
- Schools include
- Paragon Elementary School
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- strongWind, hail, tornado, winterWeather
- Notable hazard ratings (county)
- hail: Relatively Moderate · drought: Relatively Low · tornado: Relatively Moderate · coldWave: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low
- FEMA flood zone
- A
- Flood risk level
- High
- Wildfire risk to homes (county)
- Higher than 10% of US counties
- Buildings in wildfire direct-exposure zone
- 64.4%
- Radon potential (county)
- Moderate radon potential — EPA Zone 2 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Pike and Mulberry Streets PCE Plume (8.3 mi)
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)
- Annual precipitation
- 48.3 in
- USDA plant hardiness zone
- 6a (extreme annual low -10 to -5°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Walkability & transit
- Walkability index
- 2.8 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 4,445
- Jobs reachable by transit (45 min)
- 4,584
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- Airports within 30 mi
- 46
- Nearest airport
- Shenandoah Flying Field (3 mi)
- Nearest major airport
- Monroe County Airport (BMG) (20 mi)
- Hospitals nearby (~15 mi)
- 35
- Hospitals include
- JOHNSON MEMORIAL HOSPITAL, HENDRICKS REGIONAL HEALTH, ESKENAZI HEALTH
- Avg hospital rating (CMS)
- 3.7 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- EV charging stations (within 10 mi)
- 4
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +272 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,994
- Housing built before 1970
- 33.7%
- Housing built 2000 or later
- 33.8%
- Median annual property tax
- $608
- Mean commute to work
- 36 min
- Households with broadband internet
- 60.4%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 12,819
- Average weekly wage
- $1,035
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 376
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| Paragon | State median | US median | |
|---|---|---|---|
| Median home value | $274,289 | $237,748 | $288,527 |
| Median sale price | $340,000 | $238,000 | $325,000 |
| Median days on market | 7 days | 38 days | 51 days |
| Median annual property tax | $608 | $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 Paragon, IN?
- $274,289.
- What is the median sale price in Paragon, IN?
- $340,000.
- How long do homes take to sell in Paragon, IN?
- Median days on market: 7 days.
- What is typical rent in Paragon, IN?
- 2-bedroom fair-market rent: $1,536/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in Paragon, IN?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, hail, tornado, winterWeather.
- Is Paragon, IN in a flood zone?
- High (FEMA NFIP). FEMA flood zone A.
- What is the wildfire risk in Paragon, IN?
- Risk to homes is higher than 10% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in Paragon, IN?
- Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near Paragon, IN?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve Paragon, IN?
- 1 schools (1 elementary) (NCES, 2022-23).
- Is Paragon, IN walkable?
- Walkability index: 2.8/20 (EPA Smart Location Database).
- What is the cost of living in Paragon, IN?
- Regional Price Parity: 93.3 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
ZIP code for Paragon
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Data last updated
Most recent source refresh: Oct 2026. See all data sources →