Jefferson County, Indiana home prices
Typical home $237,972 · +4.6% in a year · property tax 0.64%
The typical home in Jefferson County is worth $237,972, 7% less than the Indiana typical home ($257,165). Values changed +4.6% in the past year and +38.2% over five years. Homeowners here pay a median 0.64% of their home's value in property tax each year ($1,531 on the typical home), versus 0.74% statewide.
Mortgage on the typical Jefferson County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $47,594 | $190,378 | $1,281 | $0 | $247 | $1,527 | $65,500 |
| 10% down | $23,797 | $214,175 | $1,441 | $89 | $247 | $1,777 | $76,100 |
| 5% down | $11,899 | $226,073 | $1,521 | $94 | $247 | $1,862 | $79,800 |
| 3.5% down (FHA) | $8,329 | $233,662 | $1,572 | $105 | $247 | $1,924 | $82,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.64% 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 Madison metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Owen County | $234,540 | +4.6% | 0.66% |
| Posey County | $234,428 | +0.6% | 0.62% |
| Carroll County | $242,285 | +5.6% | 0.56% |
| Daviess County | $233,087 | +8.2% | 0.69% |
| Spencer County | $232,771 | +3.9% | 0.62% |
| Shelby County | $244,636 | +1.1% | 0.66% |
| Saint Joseph County | $230,569 | +6.5% | 0.86% |
| Warren County | $229,621 | +3.5% | 0.5% |
| Marion County | $227,822 | -0.8% | 0.91% |
| White County | $227,574 | +4.5% | 0.54% |
Frequently asked questions
What is the average home price in Jefferson County, IN?
The typical home value in Jefferson County is $237,972 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Jefferson County?
About $65,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Jefferson County?
The median effective rate is 0.64% of home value a year (Census ACS 2024 5-year estimates).