Connersville, IN home prices
Typical home $159,316 · +1.4% in a year · income needed $44,300
The Connersville, IN metro area ranks 794 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.4% in a year and +44.3% over five years. With 20% down at 7.11%, the typical home costs about $1,033 a month including 0.73% property tax (Fayette County rate).
Mortgage on the typical Connersville home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $31,863 | $127,453 | $857 | $0 | $176 | $1,033 | $44,300 |
| 10% down | $15,932 | $143,384 | $965 | $60 | $176 | $1,200 | $51,400 |
| 5% down | $7,966 | $151,350 | $1,018 | $63 | $176 | $1,257 | $53,900 |
| 3.5% down (FHA) | $5,576 | $156,430 | $1,052 | $70 | $176 | $1,299 | $55,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.73% 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.
Counties in the Connersville area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Fayette County, IN | $159,315 | +1.4% | 0.73% |
What can you afford in Indiana on your salary? · Indiana home prices · Salaries in Indiana
Frequently asked questions
How much is a house in Connersville?
The typical home in the Connersville, IN metro area is worth $159,316 (Zillow, September 2026).
What salary do you need to buy a house in Connersville?
About $44,300 a year for the typical home with 20% down at 7.11%.