Jennings County, Indiana home prices
Typical home $222,973 · +5.8% in a year · property tax 0.6%
The typical home in Jennings County is worth $222,973, 13% less than the Indiana typical home ($257,165). Values changed +5.8% in the past year and +35.5% over five years. Homeowners here pay a median 0.6% of their home's value in property tax each year ($1,341 on the typical home), versus 0.74% statewide.
Mortgage on the typical Jennings County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $44,595 | $178,379 | $1,200 | $0 | $223 | $1,423 | $61,000 |
| 10% down | $22,297 | $200,676 | $1,350 | $84 | $223 | $1,657 | $71,000 |
| 5% down | $11,149 | $211,825 | $1,425 | $88 | $223 | $1,736 | $74,400 |
| 3.5% down (FHA) | $7,804 | $218,935 | $1,473 | $99 | $223 | $1,795 | $76,900 |
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 · part of the North Vernon metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Starke County | $222,883 | +6.0% | 0.61% |
| Parke County | $221,877 | +7.4% | 0.49% |
| Newton County | $221,831 | +3.1% | 0.77% |
| Clinton County | $224,260 | +6.8% | 0.6% |
| Jackson County | $225,472 | +1.6% | 0.49% |
| Montgomery County | $226,785 | +4.4% | 0.65% |
| White County | $227,574 | +4.5% | 0.54% |
| Marion County | $227,822 | -0.8% | 0.91% |
| Washington County | $217,713 | +3.0% | 0.63% |
| Rush County | $216,930 | +3.3% | 0.65% |
Frequently asked questions
What is the average home price in Jennings County, IN?
The typical home value in Jennings County is $222,973 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Jennings County?
About $61,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Jennings County?
The median effective rate is 0.6% of home value a year (Census ACS 2024 5-year estimates).