Indiana home prices and mortgage costs
Typical home value $257,165 · +2.9% in a year · property tax 0.74%
Typical home value
$257,165
Payment (20% down)
$1,671
Income needed
$71,600
Indiana ranks 41st most expensive of 51 states and D.C. Home values changed +2.9% over the past year and +28.6% over five years. Buying the typical home with 20% down costs about $1,671 a month at 7.11%, which needs a household income of about $71,600.
Cost of the typical Indiana home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $51,433 | $205,732 | $1,384 | $0 | $287 | $1,671 | $71,600 |
| 10% down | $25,717 | $231,449 | $1,557 | $96 | $287 | $1,940 | $83,200 |
| 5% down | $12,858 | $244,307 | $1,643 | $102 | $287 | $2,032 | $87,100 |
| 3.5% down (FHA) | $9,001 | $252,507 | $1,699 | $114 | $287 | $2,099 | $90,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.74% 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.
Check a specific budget: how much house you can afford in Indiana by salary · payment on a $250K home in Indiana
Home prices by county in Indiana
| County | Typical home | 1-yr change | Tax rate | Payment / month | Income needed |
|---|---|---|---|---|---|
| Hamilton County | $466,276 | +2.8% | 0.88% | $3,083 | $132,100 |
| Boone County | $421,188 | +4.0% | 0.78% | $2,750 | $117,800 |
| Brown County | $358,796 | +2.2% | 0.44% | $2,241 | $96,000 |
| Lagrange County | $348,227 | +8.1% | 0.55% | $2,207 | $94,600 |
| Hendricks County | $343,151 | +1.6% | 0.81% | $2,249 | $96,400 |
| Porter County | $330,010 | +2.3% | 0.83% | $2,168 | $92,900 |
| Hancock County | $329,462 | +2.0% | 0.66% | $2,118 | $90,800 |
| Dearborn County | $327,371 | +5.2% | 0.74% | $2,126 | $91,100 |
| Steuben County | $320,242 | +6.6% | 0.57% | $2,037 | $87,300 |
| Johnson County | $312,876 | +1.5% | 0.71% | $2,026 | $86,800 |
| Monroe County | $309,871 | +1.2% | 0.71% | $2,007 | $86,000 |
| Jasper County | $300,557 | +3.3% | 0.46% | $1,884 | $80,700 |
| Morgan County | $299,883 | +1.8% | 0.49% | $1,887 | $80,900 |
| Tippecanoe County | $296,588 | +2.4% | 0.62% | $1,897 | $81,300 |
| Kosciusko County | $293,218 | +6.8% | 0.6% | $1,872 | $80,200 |
| Franklin County | $292,357 | +4.3% | 0.59% | $1,864 | $79,900 |
| Warrick County | $291,696 | +4.1% | 0.67% | $1,879 | $80,500 |
| Floyd County | $285,954 | +2.7% | 0.69% | $1,847 | $79,100 |
| Whitley County | $284,103 | +4.8% | 0.7% | $1,837 | $78,700 |
| Ohio County | $282,157 | +3.4% | 0.61% | $1,804 | $77,300 |
| Ripley County | $278,212 | +4.9% | 0.56% | $1,767 | $75,700 |
| Putnam County | $274,190 | +4.9% | 0.48% | $1,721 | $73,800 |
| Bartholomew County | $274,111 | +2.5% | 0.75% | $1,783 | $76,400 |
| Harrison County | $266,960 | +3.7% | 0.53% | $1,689 | $72,400 |
| Elkhart County | $266,459 | +5.5% | 0.82% | $1,748 | $74,900 |
| Dubois County | $266,447 | +5.6% | 0.66% | $1,713 | $73,400 |
| Marshall County | $265,595 | +7.0% | 0.66% | $1,709 | $73,300 |
| Clark County | $265,250 | +1.8% | 0.77% | $1,730 | $74,200 |
| Switzerland County | $259,924 | +6.9% | 0.45% | $1,626 | $69,700 |
| La Porte County | $258,616 | +4.3% | 0.77% | $1,687 | $72,300 |
| Noble County | $257,549 | +4.6% | 0.67% | $1,658 | $71,000 |
| Decatur County | $256,719 | +5.2% | 0.62% | $1,642 | $70,400 |
| De Kalb County | $256,368 | +6.8% | 0.62% | $1,640 | $70,300 |
| Allen County | $254,595 | +3.5% | 0.79% | $1,664 | $71,300 |
| Wells County | $253,270 | +5.8% | 0.54% | $1,603 | $68,700 |
| Adams County | $251,184 | +7.2% | 0.77% | $1,638 | $70,200 |
| Lake County | $250,943 | +2.0% | 0.92% | $1,667 | $71,500 |
| Tipton County | $249,148 | +4.2% | 0.65% | $1,601 | $68,600 |
| Shelby County | $244,636 | +1.1% | 0.66% | $1,574 | $67,500 |
| Carroll County | $242,285 | +5.6% | 0.56% | $1,538 | $65,900 |
| Jefferson County | $237,972 | +4.6% | 0.64% | $1,527 | $65,500 |
| Owen County | $234,540 | +4.6% | 0.66% | $1,509 | $64,700 |
| Posey County | $234,428 | +0.6% | 0.62% | $1,500 | $64,300 |
| Daviess County | $233,087 | +8.2% | 0.69% | $1,504 | $64,500 |
| Spencer County | $232,771 | +3.9% | 0.62% | $1,489 | $63,800 |
| Saint Joseph County | $230,569 | +6.5% | 0.86% | $1,522 | $65,200 |
| Warren County | $229,621 | +3.5% | 0.5% | $1,446 | $62,000 |
| Marion County | $227,822 | -0.8% | 0.91% | $1,512 | $64,800 |
| White County | $227,574 | +4.5% | 0.54% | $1,441 | $61,800 |
| Montgomery County | $226,785 | +4.4% | 0.65% | $1,457 | $62,400 |
| Jackson County | $225,472 | +1.6% | 0.49% | $1,419 | $60,800 |
| Clinton County | $224,260 | +6.8% | 0.6% | $1,431 | $61,300 |
| Jennings County | $222,973 | +5.8% | 0.6% | $1,423 | $61,000 |
| Starke County | $222,883 | +6.0% | 0.61% | $1,425 | $61,100 |
| Parke County | $221,877 | +7.4% | 0.49% | $1,395 | $59,800 |
| Newton County | $221,831 | +3.1% | 0.77% | $1,447 | $62,000 |
| Washington County | $217,713 | +3.0% | 0.63% | $1,395 | $59,800 |
| Rush County | $216,930 | +3.3% | 0.65% | $1,393 | $59,700 |
| Fulton County | $212,557 | +7.7% | 0.54% | $1,346 | $57,700 |
| Huntington County | $211,741 | +5.0% | 0.71% | $1,371 | $58,700 |
| Gibson County | $211,061 | +5.7% | 0.72% | $1,369 | $58,700 |
| Lawrence County | $206,294 | +2.2% | 0.6% | $1,316 | $56,400 |
| Benton County | $203,022 | +3.5% | 0.77% | $1,325 | $56,800 |
| Vanderburgh County | $202,409 | +4.4% | 0.8% | $1,326 | $56,800 |
| Martin County | $200,997 | +2.3% | 0.54% | $1,273 | $54,600 |
| Scott County | $198,374 | +0.8% | 0.65% | $1,274 | $54,600 |
| Union County | $197,144 | +10.2% | 0.64% | $1,265 | $54,200 |
| Greene County | $196,235 | +5.1% | 0.58% | $1,250 | $53,600 |
| Fountain County | $191,904 | +4.4% | 0.59% | $1,223 | $52,400 |
| Wabash County | $191,091 | +4.8% | 0.52% | $1,206 | $51,700 |
| Howard County | $190,881 | +4.4% | 0.72% | $1,237 | $53,000 |
| Pulaski County | $190,877 | +7.4% | 0.45% | $1,195 | $51,200 |
| Henry County | $190,219 | +2.6% | 0.73% | $1,234 | $52,900 |
| Perry County | $188,788 | +2.8% | 0.68% | $1,217 | $52,200 |
| Madison County | $187,876 | +2.9% | 0.74% | $1,221 | $52,300 |
| Orange County | $184,439 | +4.0% | 0.58% | $1,174 | $50,300 |
| Clay County | $182,911 | +2.6% | 0.41% | $1,138 | $48,800 |
| Pike County | $180,815 | +8.5% | 0.78% | $1,181 | $50,600 |
| Wayne County | $173,653 | +6.5% | 0.81% | $1,139 | $48,800 |
| Cass County | $173,376 | +2.4% | 0.68% | $1,118 | $47,900 |
| Delaware County | $168,797 | +4.3% | 0.75% | $1,098 | $47,000 |
| Crawford County | $167,258 | +3.9% | 0.75% | $1,088 | $46,600 |
| Miami County | $162,402 | +7.3% | 0.6% | $1,036 | $44,400 |
| Randolph County | $161,757 | +11.5% | 0.79% | $1,058 | $45,400 |
| Vigo County | $160,130 | +0.7% | 0.88% | $1,060 | $45,400 |
| Fayette County | $159,315 | +1.4% | 0.73% | $1,033 | $44,300 |
| Jay County | $159,102 | +1.8% | 0.6% | $1,016 | $43,500 |
| Knox County | $158,943 | +4.3% | 0.68% | $1,025 | $43,900 |
| Sullivan County | $156,761 | -0.4% | 0.61% | $1,002 | $42,900 |
| Grant County | $153,995 | +4.1% | 0.72% | $999 | $42,800 |
| Blackford County | $144,987 | +5.8% | 0.81% | $951 | $40,800 |
| Vermillion County | $130,643 | -0.7% | 0.69% | $844 | $36,200 |
Metro areas in Indiana
Frequently asked questions
What is the average home price in Indiana?
The typical home in Indiana is worth $257,165 according to the Zillow Home Value Index for September 2026.
How much income do you need to buy a house in Indiana?
About $71,600 a year to buy the typical $257,165 home with 20% down at 7.11%, keeping housing under 28% of income.
What is the property tax rate in Indiana?
The typical effective rate is 0.74% of the home's value a year (median taxes paid divided by median home value, Census ACS 2025).