Howard County, Indiana home prices
Typical home $190,881 · +4.4% in a year · property tax 0.72%
The typical home in Howard County is worth $190,881, 26% less than the Indiana typical home ($257,165). Values changed +4.4% in the past year and +37.9% over five years. Homeowners here pay a median 0.72% of their home's value in property tax each year ($1,375 on the typical home), versus 0.74% statewide.
Mortgage on the typical Howard County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $38,176 | $152,704 | $1,027 | $0 | $210 | $1,237 | $53,000 |
| 10% down | $19,088 | $171,792 | $1,156 | $72 | $210 | $1,437 | $61,600 |
| 5% down | $9,544 | $181,337 | $1,220 | $76 | $210 | $1,505 | $64,500 |
| 3.5% down (FHA) | $6,681 | $187,423 | $1,261 | $84 | $210 | $1,555 | $66,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.72% 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 Kokomo metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Pulaski County | $190,877 | +7.4% | 0.45% |
| Wabash County | $191,091 | +4.8% | 0.52% |
| Henry County | $190,219 | +2.6% | 0.73% |
| Fountain County | $191,904 | +4.4% | 0.59% |
| Perry County | $188,788 | +2.8% | 0.68% |
| Madison County | $187,876 | +2.9% | 0.74% |
| Greene County | $196,235 | +5.1% | 0.58% |
| Union County | $197,144 | +10.2% | 0.64% |
| Orange County | $184,439 | +4.0% | 0.58% |
| Scott County | $198,374 | +0.8% | 0.65% |
Frequently asked questions
What is the average home price in Howard County, IN?
The typical home value in Howard County is $190,881 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Howard County?
About $53,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Howard County?
The median effective rate is 0.72% of home value a year (Census ACS 2024 5-year estimates).