Crawfordsville housing market

Buyer's marketCrawfordsville, IN metro areaData through Sep 2026
Typical home value
$227K
▲ 4.4% 1 yr
Typical rent
$1,020/mo
▲ 4.4% 1 yr
12-month forecast
+4.3%
#42 of 546 metros
Gross rent yield
5.4%
#357 of 546 · U.S. 6.3%
Days to pending
33 days
▼ −3 days 1 yr
Listings with a price cut
30%
▲ +1.4 pts 1 yr

Key takeaways

  • 1The typical home is worth $226,764, up 4.4% in a year and up 31% over five years.
  • 2Zillow forecasts home values rising 4.3% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,020/mo (+4.4% YoY), a 5.4% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,246/mo in principal and interest, $226 more than renting.
  • 5Homes go under contract in 33 days (−3 days vs last year); 30% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 33/100, #405 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $227K
$122K$154K$187K$219K2016201920222025
Typical monthly rent
Latest $1,020
$869$916$963$1,010202420252026

How fast homes are selling

Days to go under contract
Latest 33
163147622020202220242026
Share of listings with a price cut
Latest 30.2%
12.3%18.5%24.7%30.9%20182020202220242026
Homes for sale vs new listings
Latest 132
For saleNew listings
378313017620182020202220242026
Share of homes sold above list price
Latest 19.9%
6.4%16.5%26.5%36.6%20182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Crawfordsville compares

MeasureCrawfordsvilleUnited StatesRank of 546
Home value, 1-yr change+4.4%+1.2%#93
Home value, 5-yr change+31.3%+19.7%
12-month forecast+4.3%+1.1%#42
Rent, 1-yr change+4.4%+2.7%#155
Gross rent yield5.4%6.3%#357
Price-to-rent ratio18.515.8
Mortgage P&I on typical home$1,246$2,012
Days to pending3356

Cities in the Crawfordsville metro

1 cities with home value and rent data.

Crawfordsville$228K▲ 4.0%$1,035▲ 4.8%5.4%

Run the numbers

Other Indiana metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.