Boone County, Indiana home prices
Typical home $421,188 · +4.0% in a year · property tax 0.78%
The typical home in Boone County is worth $421,188, 64% more than the Indiana typical home ($257,165). Values changed +4.0% in the past year and +27.4% over five years. Homeowners here pay a median 0.78% of their home's value in property tax each year ($3,268 on the typical home), versus 0.74% statewide.
Mortgage on the typical Boone County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $84,238 | $336,950 | $2,267 | $0 | $483 | $2,750 | $117,800 |
| 10% down | $42,119 | $379,069 | $2,550 | $158 | $483 | $3,191 | $136,800 |
| 5% down | $21,059 | $400,128 | $2,692 | $167 | $483 | $3,341 | $143,200 |
| 3.5% down (FHA) | $14,742 | $413,559 | $2,782 | $186 | $483 | $3,451 | $147,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.78% 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 Indianapolis metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hamilton County | $466,276 | +2.8% | 0.88% |
| Brown County | $358,796 | +2.2% | 0.44% |
| Lagrange County | $348,227 | +8.1% | 0.55% |
| Hendricks County | $343,151 | +1.6% | 0.81% |
| Porter County | $330,010 | +2.3% | 0.83% |
| Hancock County | $329,462 | +2.0% | 0.66% |
| Dearborn County | $327,371 | +5.2% | 0.74% |
| Steuben County | $320,242 | +6.6% | 0.57% |
| Johnson County | $312,876 | +1.5% | 0.71% |
| Monroe County | $309,871 | +1.2% | 0.71% |
Frequently asked questions
What is the average home price in Boone County, IN?
The typical home value in Boone County is $421,188 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Boone County?
About $117,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Boone County?
The median effective rate is 0.78% of home value a year (Census ACS 2024 5-year estimates).