Allen County, Indiana home prices
Typical home $254,595 · +3.5% in a year · property tax 0.79%
The typical home in Allen County is worth $254,595, about the same as the Indiana typical home ($257,165). Values changed +3.5% in the past year and +34.0% over five years. Homeowners here pay a median 0.79% of their home's value in property tax each year ($2,001 on the typical home), versus 0.74% statewide.
Mortgage on the typical Allen County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $50,919 | $203,676 | $1,370 | $0 | $294 | $1,664 | $71,300 |
| 10% down | $25,460 | $229,136 | $1,541 | $95 | $294 | $1,931 | $82,800 |
| 5% down | $12,730 | $241,866 | $1,627 | $101 | $294 | $2,022 | $86,700 |
| 3.5% down (FHA) | $8,911 | $249,984 | $1,682 | $113 | $294 | $2,088 | $89,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.79% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Indiana · part of the Fort Wayne metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Wells County | $253,270 | +5.8% | 0.54% |
| De Kalb County | $256,368 | +6.8% | 0.62% |
| Decatur County | $256,719 | +5.2% | 0.62% |
| Noble County | $257,549 | +4.6% | 0.67% |
| Adams County | $251,184 | +7.2% | 0.77% |
| Lake County | $250,943 | +2.0% | 0.92% |
| La Porte County | $258,616 | +4.3% | 0.77% |
| Switzerland County | $259,924 | +6.9% | 0.45% |
| Tipton County | $249,148 | +4.2% | 0.65% |
| Shelby County | $244,636 | +1.1% | 0.66% |
Frequently asked questions
What is the average home price in Allen County, IN?
The typical home value in Allen County is $254,595 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Allen County?
About $71,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Allen County?
The median effective rate is 0.79% of home value a year (Census ACS 2024 5-year estimates).