Fayette County, Indiana home prices
Typical home $159,315 · +1.4% in a year · property tax 0.73%
The typical home in Fayette County is worth $159,315, 38% less than the Indiana typical home ($257,165). Values changed +1.4% in the past year and +44.4% over five years. Homeowners here pay a median 0.73% of their home's value in property tax each year ($1,157 on the typical home), versus 0.74% statewide.
Mortgage on the typical Fayette County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $31,863 | $127,452 | $857 | $0 | $176 | $1,033 | $44,300 |
| 10% down | $15,932 | $143,384 | $965 | $60 | $176 | $1,200 | $51,400 |
| 5% down | $7,966 | $151,350 | $1,018 | $63 | $176 | $1,257 | $53,900 |
| 3.5% down (FHA) | $5,576 | $156,430 | $1,052 | $70 | $176 | $1,299 | $55,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.73% 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 Connersville metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Jay County | $159,102 | +1.8% | 0.6% |
| Knox County | $158,943 | +4.3% | 0.68% |
| Vigo County | $160,130 | +0.7% | 0.88% |
| Randolph County | $161,757 | +11.5% | 0.79% |
| Sullivan County | $156,761 | -0.4% | 0.61% |
| Miami County | $162,402 | +7.3% | 0.6% |
| Grant County | $153,995 | +4.1% | 0.72% |
| Crawford County | $167,258 | +3.9% | 0.75% |
| Delaware County | $168,797 | +4.3% | 0.75% |
| Cass County | $173,376 | +2.4% | 0.68% |
Frequently asked questions
What is the average home price in Fayette County, IN?
The typical home value in Fayette County is $159,315 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Fayette County?
About $44,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Fayette County?
The median effective rate is 0.73% of home value a year (Census ACS 2024 5-year estimates).