Hamilton County, Indiana home prices
Typical home $466,276 · +2.8% in a year · property tax 0.88%
The typical home in Hamilton County is worth $466,276, 81% more than the Indiana typical home ($257,165). Values changed +2.8% in the past year and +26.6% over five years. Homeowners here pay a median 0.88% of their home's value in property tax each year ($4,081 on the typical home), versus 0.74% statewide.
Mortgage on the typical Hamilton County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $93,255 | $373,021 | $2,509 | $0 | $573 | $3,083 | $132,100 |
| 10% down | $46,628 | $419,648 | $2,823 | $175 | $573 | $3,571 | $153,000 |
| 5% down | $23,314 | $442,962 | $2,980 | $185 | $573 | $3,738 | $160,200 |
| 3.5% down (FHA) | $16,320 | $457,830 | $3,080 | $206 | $573 | $3,859 | $165,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.88% 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 |
|---|---|---|---|
| Boone County | $421,188 | +4.0% | 0.78% |
| 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 Hamilton County, IN?
The typical home value in Hamilton County is $466,276 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hamilton County?
About $132,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hamilton County?
The median effective rate is 0.88% of home value a year (Census ACS 2024 5-year estimates).