Lawrence County, Indiana home prices
Typical home $206,294 · +2.2% in a year · property tax 0.6%
The typical home in Lawrence County is worth $206,294, 20% less than the Indiana typical home ($257,165). Values changed +2.2% in the past year and +22.8% over five years. Homeowners here pay a median 0.6% of their home's value in property tax each year ($1,237 on the typical home), versus 0.74% statewide.
Mortgage on the typical Lawrence County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $41,259 | $165,035 | $1,110 | $0 | $206 | $1,316 | $56,400 |
| 10% down | $20,629 | $185,665 | $1,249 | $77 | $206 | $1,533 | $65,700 |
| 5% down | $10,315 | $195,980 | $1,318 | $82 | $206 | $1,606 | $68,800 |
| 3.5% down (FHA) | $7,220 | $202,558 | $1,363 | $91 | $206 | $1,660 | $71,100 |
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 Bedford metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Benton County | $203,022 | +3.5% | 0.77% |
| Vanderburgh County | $202,409 | +4.4% | 0.8% |
| Gibson County | $211,061 | +5.7% | 0.72% |
| Martin County | $200,997 | +2.3% | 0.54% |
| Huntington County | $211,741 | +5.0% | 0.71% |
| Fulton County | $212,557 | +7.7% | 0.54% |
| Scott County | $198,374 | +0.8% | 0.65% |
| Union County | $197,144 | +10.2% | 0.64% |
| Greene County | $196,235 | +5.1% | 0.58% |
| Rush County | $216,930 | +3.3% | 0.65% |
Frequently asked questions
What is the average home price in Lawrence County, IN?
The typical home value in Lawrence County is $206,294 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Lawrence County?
About $56,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Lawrence County?
The median effective rate is 0.6% of home value a year (Census ACS 2024 5-year estimates).