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Home values, rents and more in Velpen, IN

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$280,000
Indiana: $257,000 · U.S.: $366,000
Home values, past year
+9.8%
Indiana: +2.9% · U.S.: +1.2%
Population
57
ACS 2020–24
ZIP codes around Velpen, IN, shaded by typical home valueVelpen47590
  • Under $200k
  • $200k–$230k
  • $230k–$250k
  • $250k+
  • No data
ZIP codes around Velpen, IN, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Velpen is outlined.

How Velpen compares

The typical home in Velpen, IN is worth about $280,000, according to the Zillow Home Value Index for September 2026. Home values in Velpen are 9% above the typical value in Indiana ($257,000) and 23% below the U.S. typical value ($366,000).

Over the past year, home values in Velpen rose 9.8%, compared with +2.9% in Indiana and +1.2% nationally.

About 57 people live in Velpen (American Community Survey 2020–24).

Velpen has the 159th-highest typical home value of the 581 cities in Indiana with Zillow figures.

Part of: Pike County, IN · Indiana

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Velpen, IN

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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