Oldenburg, Indiana.
Typical home $301,285 (+2.7% in a year). Cincinnati, OH-KY-IN metro.
to buy the typical home at today's mortgage rate — +$822 (+108%) since Jan 2020.
- 1 year
- Up $7,824 +3%
- $293,462$301,285 since Sep 2025
- 5 years
- Up $57,134 +23%
- $244,152$301,285 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.
- Oldenburg$1,581
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Oldenburg, IN rose 2.7% over the past year — faster than the nation's +1.2%.
Living in Oldenburg, Franklin County, Indiana
Oldenburg is a town of 647 people in Franklin County. Unemployment in Franklin County was 2.9% in August 2026, and the county had 10.6% more jobs in 2025 than the year before. The most people in Franklin 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 It can be wrong or out of date.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. Oldenburg is a very small town in Franklin County, Indiana, with far fewer residents than most towns. Homes here are valued above what is typical across much of the country, while the share of residents living below the poverty line is higher than in many places. Winters are cold, with January highs a little above freezing and lows well below it, and summers turn properly warm by July.
Work. Residents of Oldenburg work mostly in schools, hospitals and social care, followed by manufacturing, the building trades and retail. Across Franklin County, the larger workplaces include Batesville Tool & Die, a metal stamping manufacturer, and several school districts such as Franklin County Community Schools. Unemployment in the county has been a little lower than it was a year earlier, and the county has added jobs over the past year.
Things to do. Several places lie a longer drive away. Versailles State Park is a protected area suited to a day outdoors, and Perfect North Slopes is a ski area that makes use of the cold, snowy winters. The Whitewater Shaker Settlement is an archaeological site for anyone interested in the area's history.
Report a mistake
- 19%below the poverty line
What people in Franklin County work in
Employed residents by industry, from the Census survey. Franklin County had 4,517 jobs in 2025, 10.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 38° and lows near 20°; warmest in July, with highs near 87° and lows near 64°. About 18 inches of snow and 44 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Brookville weather station, 12 miles away (NOAA).
Largest workplaces in Franklin County
- Batesville Tool & DieJob stampings, automotive, metal, manufacturing677
- Sunman-Dearborn Com Sch Corp SchoolsSchool district435FTE
- Franklin County Community Sch Corp SchoolsSchool district348FTE
- Batesville Community School CorpSchool district280FTE
- Kroger Cincinnati-Dayton KMASupermarkets and other grocery except convenience stores170
- Franklin County GovernmentCounty commissioners149
- Owens Corning Roofing & Asphalt LLC - Brookville PlantAsphalt shingles made from purchased asphaltic materials119
- Town of BrookvilleCity and town councils47
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 8 workplaces with 20 or more staff, 1,248 people in all across the county; Oldenburg has none of its own. School districts come from the Common Core of Data (NCES, 2023–24); 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
- Strong windVery high
- TornadoesVery high
- Inland floodingRelatively high
- Cold wavesRelatively high
- LandslidesRelatively moderate
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Oldenburg’s census tracts, against the rest of the country; all of them together, relatively moderate. 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 Franklin County and the Cincinnati, OH-KY-IN metro.
Oldenburg home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Oldenburg$301,285
- 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.
Zip codes with a Oldenburg address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Oldenburg — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.