Montpelier IN Multi Family for Sale

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Montpelier Real Estate

The median home value in Montpelier, IN is $105,950. This is lower than the county median home value of $112,100. The national median home value is $338,100. The average price of homes sold in Montpelier, IN is $105,950. Approximately 53.04% of Montpelier homes are owned, compared to 25.29% rented, while 21.66% are vacant. Montpelier real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Montpelier real estate agent to arrange a tour today!

Montpelier, Indiana has a population of 1,627. Montpelier is less family-centric than the surrounding county with 21.95% of the households containing married families with children. The county average for households married with children is 27.25%.

The median household income in Montpelier, Indiana is $44,241. The median household income for the surrounding county is $45,080 compared to the national median of $69,021. The median age of people living in Montpelier is 45.4 years.

Montpelier Weather

The average high temperature in July is 83.5 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.6 inches per year, with 24 inches of snow per year.

Montpelier Real Estate Market Conditions

  • Median sales price

    $105,950
    15.1% change since last quarter
  • # Active listings

    8
    30-day change

Montpelier Schools and Demographics

Education near Montpelier, IN

Metric City County
High School Graduates 93 90.88
College Degree - 2 year 6.91 7.87
College Degree - 4 year 7.08 14.25
Graduate Degree 2.39 4.78
Expenditures per Student 12,382 12,382
Students per Teacher 14 14

Elementary Schools near Montpelier, IN

School Grades Students P/T Ratio ZIP
Montpelier School KG - 06 223 19.4 47359
Pennville Elementary School KG - 05 87 7.6 47369
Southern Wells Elementary School KG - 06 429 16.5 46781
Southside Elementary School KG - 03 420 22.1 47348
Westlawn Elementary School KG - 05 230 17.7 47336

Middle Schools near Montpelier, IN

School Grades Students P/T Ratio ZIP
Blackford Junior High School 07 - 08 301 23.1 47348
North Side Elementary School 04 - 06 285 23.8 47348
West Jay County Middle School 06 - 08 247 10.5 47336

High Schools near Montpelier, IN

School Grades Students P/T Ratio ZIP
Blackford High School 09 - 12 532 20 47348
Southern Wells Junior/Senior High School 07 - 12 415 15.4 46781

Demographics near Montpelier, IN

Metric City County
Neighborhood Type Small Town
Population 1,627 12,139
Population Density 1,055 74
Median Age 45.4 44.6
People per Household 2.4 2.4
Median Household Income 44,241 45,080
Average Income per Capita 31,125 26,044