Ripley County, Indiana home prices
Typical home $278,212 · +4.9% in a year · property tax 0.56%
The typical home in Ripley County is worth $278,212, 8% more than the Indiana typical home ($257,165). Values changed +4.9% in the past year and +27.1% over five years. Homeowners here pay a median 0.56% of their home's value in property tax each year ($1,563 on the typical home), versus 0.74% statewide.
Mortgage on the typical Ripley County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $55,642 | $222,570 | $1,497 | $0 | $269 | $1,767 | $75,700 |
| 10% down | $27,821 | $250,391 | $1,684 | $104 | $269 | $2,058 | $88,200 |
| 5% down | $13,911 | $264,302 | $1,778 | $110 | $269 | $2,157 | $92,500 |
| 3.5% down (FHA) | $9,737 | $273,173 | $1,838 | $123 | $269 | $2,230 | $95,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.56% 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 |
|---|---|---|---|
| Ohio County | $282,157 | +3.4% | 0.61% |
| Putnam County | $274,190 | +4.9% | 0.48% |
| Bartholomew County | $274,111 | +2.5% | 0.75% |
| Whitley County | $284,103 | +4.8% | 0.7% |
| Floyd County | $285,954 | +2.7% | 0.69% |
| Harrison County | $266,960 | +3.7% | 0.53% |
| Elkhart County | $266,459 | +5.5% | 0.82% |
| Dubois County | $266,447 | +5.6% | 0.66% |
| Marshall County | $265,595 | +7.0% | 0.66% |
| Clark County | $265,250 | +1.8% | 0.77% |
Frequently asked questions
What is the average home price in Ripley County, IN?
The typical home value in Ripley County is $278,212 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Ripley County?
About $75,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Ripley County?
The median effective rate is 0.56% of home value a year (Census ACS 2024 5-year estimates).