Real Estate Market Update for Brazil, IN
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 32% from one year earlier, and down 16% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 39%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 70-thousand dollars. The number of units sold was consistent year-over-year, and decreased 22% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Brazil, IN
Area Information for Brazil, IN
  • Population: 8,431
  • Median Age: 37.38 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 2,033/sq mi
  • Population Change Since 2000: 2.21%
  • Closest Airport: Indianapolis International
  • Closest College: Rose-hulman Institute Of Technology
  • Closest Jr. College: Ivy Tech Community College-wabash Valley
  • Median Household Income: $34,473
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $65,750
  • Closest Major Sports Team: Indianapolis Indians (aaa)
  • Change Avg. Household Income Since 2000: 21.98%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Brazil, IN
Median Age: 37.38 Married: 38% Number of Households: 3,360 Households with Children: 966
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Brazil, IN

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Forest Park Elementary School 0.4 mi Public PRESCHOOL-5 3 3
      Meridian Street Elementary School 0.7 mi Public PRESCHOOL-5 3 5
      East Side Elementary School 1.0 mi Public K-5 2-5 5
      Cornerstone Christian Academy 1.5 mi Private PRESCHOOL-5 0 0
      North Clay Middle School 2.4 mi Public 6-8 2 2
      Northview High School 2.7 mi Public 9-12 2-5 3
      Staunton Elementary School 3.6 mi Public K-5 3-5 5
      Jackson Township Elementary School 4.0 mi Public K-5 4-5 4
      Van Buren Elementary School 4.4 mi Public K-5 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for Brazil, IN
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.