Jay County, Indiana home prices
Typical home $159,102 · +1.8% in a year · property tax 0.6%
The typical home in Jay County is worth $159,102, 38% less than the Indiana typical home ($257,165). Values changed +1.8% in the past year and +28.8% over five years. Homeowners here pay a median 0.6% of their home's value in property tax each year ($957 on the typical home), versus 0.74% statewide.
Mortgage on the typical Jay County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $31,820 | $127,282 | $856 | $0 | $159 | $1,016 | $43,500 |
| 10% down | $15,910 | $143,192 | $963 | $60 | $159 | $1,182 | $50,700 |
| 5% down | $7,955 | $151,147 | $1,017 | $63 | $159 | $1,239 | $53,100 |
| 3.5% down (FHA) | $5,569 | $156,220 | $1,051 | $70 | $159 | $1,281 | $54,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.6% 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.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Knox County | $158,943 | +4.3% | 0.68% |
| Fayette County | $159,315 | +1.4% | 0.73% |
| Vigo County | $160,130 | +0.7% | 0.88% |
| Sullivan County | $156,761 | -0.4% | 0.61% |
| Randolph County | $161,757 | +11.5% | 0.79% |
| 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% |
| Blackford County | $144,987 | +5.8% | 0.81% |
Frequently asked questions
What is the average home price in Jay County, IN?
The typical home value in Jay County is $159,102 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Jay County?
About $43,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Jay County?
The median effective rate is 0.6% of home value a year (Census ACS 2024 5-year estimates).