Hancock County, Indiana home prices
Typical home $329,462 · +2.0% in a year · property tax 0.66%
The typical home in Hancock County is worth $329,462, 28% more than the Indiana typical home ($257,165). Values changed +2.0% in the past year and +25.0% over five years. Homeowners here pay a median 0.66% of their home's value in property tax each year ($2,165 on the typical home), versus 0.74% statewide.
Mortgage on the typical Hancock County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $65,892 | $263,569 | $1,773 | $0 | $345 | $2,118 | $90,800 |
| 10% down | $32,946 | $296,515 | $1,995 | $124 | $345 | $2,463 | $105,600 |
| 5% down | $16,473 | $312,989 | $2,105 | $130 | $345 | $2,581 | $110,600 |
| 3.5% down (FHA) | $11,531 | $323,494 | $2,176 | $146 | $345 | $2,667 | $114,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.66% 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 |
|---|---|---|---|
| Porter County | $330,010 | +2.3% | 0.83% |
| Dearborn County | $327,371 | +5.2% | 0.74% |
| Steuben County | $320,242 | +6.6% | 0.57% |
| Hendricks County | $343,151 | +1.6% | 0.81% |
| Johnson County | $312,876 | +1.5% | 0.71% |
| Lagrange County | $348,227 | +8.1% | 0.55% |
| Monroe County | $309,871 | +1.2% | 0.71% |
| Jasper County | $300,557 | +3.3% | 0.46% |
| Brown County | $358,796 | +2.2% | 0.44% |
| Morgan County | $299,883 | +1.8% | 0.49% |
Frequently asked questions
What is the average home price in Hancock County, IN?
The typical home value in Hancock County is $329,462 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hancock County?
About $90,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hancock County?
The median effective rate is 0.66% of home value a year (Census ACS 2024 5-year estimates).