Decatur County, Indiana home prices
Typical home $256,719 · +5.2% in a year · property tax 0.62%
The typical home in Decatur County is worth $256,719, about the same as the Indiana typical home ($257,165). Values changed +5.2% in the past year and +29.9% over five years. Homeowners here pay a median 0.62% of their home's value in property tax each year ($1,586 on the typical home), versus 0.74% statewide.
Mortgage on the typical Decatur County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $51,344 | $205,375 | $1,382 | $0 | $261 | $1,642 | $70,400 |
| 10% down | $25,672 | $231,047 | $1,554 | $96 | $261 | $1,911 | $81,900 |
| 5% down | $12,836 | $243,883 | $1,641 | $102 | $261 | $2,003 | $85,800 |
| 3.5% down (FHA) | $8,985 | $252,069 | $1,696 | $114 | $261 | $2,070 | $88,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.62% 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 Greensburg metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| De Kalb County | $256,368 | +6.8% | 0.62% |
| Noble County | $257,549 | +4.6% | 0.67% |
| La Porte County | $258,616 | +4.3% | 0.77% |
| Allen County | $254,595 | +3.5% | 0.79% |
| Switzerland County | $259,924 | +6.9% | 0.45% |
| Wells County | $253,270 | +5.8% | 0.54% |
| Adams County | $251,184 | +7.2% | 0.77% |
| Lake County | $250,943 | +2.0% | 0.92% |
| Tipton County | $249,148 | +4.2% | 0.65% |
| Clark County | $265,250 | +1.8% | 0.77% |
Frequently asked questions
What is the average home price in Decatur County, IN?
The typical home value in Decatur County is $256,719 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Decatur County?
About $70,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Decatur County?
The median effective rate is 0.62% of home value a year (Census ACS 2024 5-year estimates).