Wayne County, Indiana home prices
Typical home $173,653 · +6.5% in a year · property tax 0.81%
The typical home in Wayne County is worth $173,653, 32% less than the Indiana typical home ($257,165). Values changed +6.5% in the past year and +41.1% over five years. Homeowners here pay a median 0.81% of their home's value in property tax each year ($1,408 on the typical home), versus 0.74% statewide.
Mortgage on the typical Wayne County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $34,731 | $138,923 | $935 | $0 | $204 | $1,139 | $48,800 |
| 10% down | $17,365 | $156,288 | $1,051 | $65 | $204 | $1,321 | $56,600 |
| 5% down | $8,683 | $164,971 | $1,110 | $69 | $204 | $1,383 | $59,300 |
| 3.5% down (FHA) | $6,078 | $170,508 | $1,147 | $77 | $204 | $1,428 | $61,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.81% 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 Richmond metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Cass County | $173,376 | +2.4% | 0.68% |
| Delaware County | $168,797 | +4.3% | 0.75% |
| Crawford County | $167,258 | +3.9% | 0.75% |
| Pike County | $180,815 | +8.5% | 0.78% |
| Clay County | $182,911 | +2.6% | 0.41% |
| Orange County | $184,439 | +4.0% | 0.58% |
| Miami County | $162,402 | +7.3% | 0.6% |
| Randolph County | $161,757 | +11.5% | 0.79% |
| Vigo County | $160,130 | +0.7% | 0.88% |
| Madison County | $187,876 | +2.9% | 0.74% |
Frequently asked questions
What is the average home price in Wayne County, IN?
The typical home value in Wayne County is $173,653 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Wayne County?
About $48,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Wayne County?
The median effective rate is 0.81% of home value a year (Census ACS 2024 5-year estimates).