Wabash, IN home prices
Typical home $191,178 · +4.8% in a year · income needed $51,700
The Wabash, IN metro area ranks 674 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.8% in a year and +35.6% over five years. With 20% down at 7.11%, the typical home costs about $1,207 a month including 0.52% property tax (Wabash County rate).
Mortgage on the typical Wabash home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $38,236 | $152,943 | $1,029 | $0 | $178 | $1,207 | $51,700 |
| 10% down | $19,118 | $172,060 | $1,157 | $72 | $178 | $1,407 | $60,300 |
| 5% down | $9,559 | $181,619 | $1,222 | $76 | $178 | $1,475 | $63,200 |
| 3.5% down (FHA) | $6,691 | $187,716 | $1,263 | $85 | $178 | $1,525 | $65,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.52% 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 Wabash area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Wabash County, IN | $191,091 | +4.8% | 0.52% |
What can you afford in Indiana on your salary? · Indiana home prices · Salaries in Indiana
Frequently asked questions
How much is a house in Wabash?
The typical home in the Wabash, IN metro area is worth $191,178 (Zillow, September 2026).
What salary do you need to buy a house in Wabash?
About $51,700 a year for the typical home with 20% down at 7.11%.