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Home values, rents and more in Waveland, IN

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

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Typical home value
$246,000
Metro: $227,000 · U.S.: $366,000
Home values, past year
+9.5%
Metro: +4.4% · U.S.: +1.2%
Population
475
ACS 2020–24
Median household income
$52,292
Metro: $71,479 · U.S.: $80,734
ZIP codes around Waveland, IN, shaded by typical home valueWaveland47989
  • Under $230k
  • $230k–$240k
  • $240k+
  • No data
ZIP codes around Waveland, IN, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Waveland is outlined.

How Waveland compares

The typical home in Waveland, IN is worth about $246,000, according to the Zillow Home Value Index for September 2026. Home values in Waveland are 8% above the typical value in the Crawfordsville metro area ($227,000) and 33% below the U.S. typical value ($366,000).

Over the past year, home values in Waveland rose 9.5%, compared with +4.4% in the Crawfordsville metro area and +1.2% nationally.

The median household income is $52,292, against $71,479 in the Crawfordsville metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 475 people live in Waveland (American Community Survey 2020–24).

Waveland has the 3rd-highest typical home value of the 9 cities in the Crawfordsville metro area and the 249th-highest of 581 in Indiana with Zillow figures.

Part of: Montgomery County, IN · Crawfordsville metro area · 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 Waveland, 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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