Marion County, Indiana home prices
Typical home $227,822 · -0.8% in a year · property tax 0.91%
The typical home in Marion County is worth $227,822, 11% less than the Indiana typical home ($257,165). Values changed -0.8% in the past year and +20.5% over five years. Homeowners here pay a median 0.91% of their home's value in property tax each year ($2,063 on the typical home), versus 0.74% statewide.
Mortgage on the typical Marion County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $45,564 | $182,257 | $1,226 | $0 | $286 | $1,512 | $64,800 |
| 10% down | $22,782 | $205,040 | $1,379 | $85 | $286 | $1,751 | $75,000 |
| 5% down | $11,391 | $216,431 | $1,456 | $90 | $286 | $1,832 | $78,500 |
| 3.5% down (FHA) | $7,974 | $223,695 | $1,505 | $101 | $286 | $1,891 | $81,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.91% 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 Indianapolis metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| White County | $227,574 | +4.5% | 0.54% |
| Montgomery County | $226,785 | +4.4% | 0.65% |
| Warren County | $229,621 | +3.5% | 0.5% |
| Jackson County | $225,472 | +1.6% | 0.49% |
| Saint Joseph County | $230,569 | +6.5% | 0.86% |
| Clinton County | $224,260 | +6.8% | 0.6% |
| Jennings County | $222,973 | +5.8% | 0.6% |
| Starke County | $222,883 | +6.0% | 0.61% |
| Spencer County | $232,771 | +3.9% | 0.62% |
| Daviess County | $233,087 | +8.2% | 0.69% |
Frequently asked questions
What is the average home price in Marion County, IN?
The typical home value in Marion County is $227,822 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Marion County?
About $64,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Marion County?
The median effective rate is 0.91% of home value a year (Census ACS 2024 5-year estimates).