Markleville, Indiana.
Typical home $288,623 (+2.4% in a year). Indianapolis-Carmel-Anderson, IN metro.
to buy the typical home at today's mortgage rate — +$921 (+155%) since Jan 2020.
- 1 year
- Up $6,725 +2%
- $281,898$288,623 since Sep 2025
- 5 years
- Up $74,985 +35%
- $213,638$288,623 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Markleville$1,515
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Markleville, IN rose 2.4% over the past year — faster than the nation's +1.2%.
Living in Markleville, Madison County, Indiana
Markleville is a town of 484 people in Madison County. 82% of its homes are lived in by their owners and 18% are rented. Unemployment in Madison County was 3.6% in August 2026, and the county had 0.4% more jobs in 2025 than the year before. The most people in Madison County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Markleville is a very small town in Madison County, Indiana, where nearly everyone knows the street they live on and most neighbors have likely met one another. Almost all of its homes are lived in by their owners, far more than is typical across the country. The population is on the younger side for a small town, and a four-year degree is less common among adults here than in most places. Winters are cold, with January the coldest month and a fair amount of snow, while July brings warm days, and rain falls through the year.
Work. People in Markleville work mostly in schools, hospitals and social care, with many others in manufacturing, shops and restaurants or hotels. Across Madison County, some of the largest workplaces are Anderson Community School, Community Hospital Anderson and Elsa, an automotive parts manufacturer. Unemployment in the county is about where it was a year ago, and the number of jobs has edged up slightly. The typical commute is a fairly long one, and few residents work from home.
Things to do. Mounds State Park, a protected area known for its ancient earthworks and wooded trails, is a short drive away. Farther afield, Minnetrista is a botanical garden and Conner Prairie is a museum, both a longer drive away. Those who like to be near the water can head to Geist Reservoir, also a longer drive from town.
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- 10%of adults have a degree
- 8%below the poverty line
- 28 mintypical commute
- 7%work from home
What people in Madison County work in
Employed residents by industry, from the Census survey. Madison County had 40,359 jobs in 2025, 0.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 35° and lows near 21°; warmest in July, with highs near 84° and lows near 65°. About 21 inches of snow and 44 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Anderson Sewage Plt weather station, 11 miles away (NOAA).
Largest workplaces in Madison County
- Anderson Community School CorpSchool district923FTE
- Community Hospital AndersonGeneral hospital873FTE
- ElsaAutomotive parts manufacturer700
- Harrah's Hoosier Park Racing & Casino623
- Ascension St. Vincent AndersonGeneral hospital535FTE
- Carter Express - AndersonTrucking, general freight, long-distance, truckload526
- NTN Driveshaft AndersonDrive shafts and half shafts, automotive, truck, and bus, manufacturing523
- South Madison Com Sch Corp SchoolsSchool district508FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 100 workplaces with 20 or more staff, 12,948 people in all across the county; Markleville has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailRelatively moderate
- Strong windRelatively moderate
- TornadoesRelatively moderate
- Cold wavesRelatively moderate
- Winter weatherRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Markleville’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Madison County and the Indianapolis-Carmel-Anderson, IN metro.
Markleville home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Markleville$288,623
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Markleville6
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Markleville address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Markleville — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.