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Downtown

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.IndianaStrong seller's market
Market temperatureA 0 to 100 score comparing this area with every similar area nationwide each month. 0 is the strongest buyer's market, 100 the strongest seller's market.Strong seller's market · 90
Buyer's marketBalancedSeller's market
$170K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
-69.5%
1-yr changeHow much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.
7
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$392K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2025 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Market temperature (0–100)How the 0 to 100 market score moved over time. It blends price growth, sales pace, how often homes change hands, and seller profits.Temperature
2016201820212022202320242025
Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
2016201820212022202320242025
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
2016201820212022202320242025
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
2016201820212022202320242025
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
2016201820212022202320242025
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
2016201820212022202320242025
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
2016201820212022202320242025
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
2016201820212022202320242025
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
2016201820212022202320242025
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
2016201820212022202320242025
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
SepOct

Housing Stock

HomesHow many homes we have records for in this area.127
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$392K
Median sizeThe middle home size here, measured in square feet.1,948 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1901
Single familyThe share of homes here that are single-family houses.5.5%
CondosThe share of homes here that are condos.57%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.62%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.3%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.53%
Company ownedThe share of homes owned by a company or trust instead of a person.45%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.45%
Typical ownership tenureHow long the typical owner here has held their home.6.9 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.183
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.33

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.23%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.26%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.686
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,385 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$48K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$95K
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Downtown compares

By median home value, Downtown is the 3rd most expensive of 44 neighborhoods in Tippecanoe County, and its typical home is worth more than 74% of all homes in Tippecanoe County.

Home values in Downtown

Share of homes at each estimated value.

Median
$156K$652K
neighborhoods in Tippecanoe County ranked by median home value
#Tippecanoe CountyMedian valueHomes
1Highland Park$409K198
2Jesco Hills Estates$397K148
3Downtown$392K127
4Ninth Street Hill$377K119
5Vinton Woods$356K281
6Sawmill$331K203
7Potter Hollow$296K256
8Orchard Heights$293K262
9Cross Point$292K201
10Bennett$281K346
11Centennial$278K169
12Bridge Water$277K487
13Coldbrook$269K108
14Old Romney$267K792
15Weston Woods$259K143
16Seasons Four$255K248
17Sherwood$251K414
18Dover Estates$250K529
19Vinton Highlands$242K301
20Portsmouth$233K107
21Central$228K959
22Tecumseh South$220K642
23Commanche$207K531
24Perrin$195K222

44 neighborhoods in Tippecanoe County are ranked; the most valuable are listed here.

About the Downtown market

What is the median home price in Downtown, IN?

The median sale price in Downtown, IN is $170,000 (data through July 2025), based on deeds recorded with the county. That is down 69.5% from a year earlier.

How many homes sell in Downtown, IN each year?

7 homes sold in Downtown, IN over the last 12 months (data through July 2025). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

Is Downtown, IN a buyer's or seller's market?

Downtown, IN is currently a strong seller's market, scoring 90 out of 100 on TopHap's market temperature index (data through July 2025). The score weighs sales velocity and price direction; above 60 favours sellers, below 40 favours buyers.

How many homes are there in Downtown, IN?

Downtown, IN contains 127 residential properties, with a median of 1,948 square feet, 3 bedrooms, built around 1901. The median TopHap Estimate is $392K.

How does Downtown, IN compare to the rest of Tippecanoe County?

By median home value, Downtown, IN is the 3rd most expensive of 44 neighborhoods in Tippecanoe County. Its typical home is worth more than 74% of all homes in Tippecanoe County. Jesco Hills Estates ranks just above it and Ninth Street Hill just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Downtown, IN?

53% of homes in Downtown, IN are owner-occupied. 45% are held by a company rather than an individual.

How much equity do owners in Downtown, IN hold?

62% of mortgaged homes in Downtown, IN are equity-rich, meaning the loan balance is under half the home's value. 1.3% owe more than the home is worth.

Nearby markets

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse Indiana property records.

Explore Downtown on the map

See every recorded sale, price heat map, school zone and flood overlay across Downtown in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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