Indiana housing market
Typical home value
$257K
▲ 2.9% 1 yr
5-year change
+29%
U.S. +20%
Median city rent
$1,459/mo
39 cities
Unemployment rate
3.4%
Median household income
$76K
2025
Key takeaways
- 1The typical home in Indiana is worth $257,165, up 2.9% in a year and up 29% over five years. That's the #41 most expensive of 51.
- 2Across 39 cities with rent data, median typical rent is $1,459/mo, roughly a 6.8% gross yield on the typical home.
- 3Median household income was $76,180 in 2025, so the typical home costs 3.4× income.
- 4Unemployment is 3.4% (−0.3 pts in a year).
Home values
Source: Zillow Research (ZHVI, ZORI and market activity data).
Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.
Indiana metro areas
Indianapolis, IN
$292K home$1,528 rent6.3% yield
▲ 1.0% 1 yr
Fort Wayne, IN
$257K home$1,266 rent5.9% yield
▲ 3.6% 1 yr
South Bend, IN
$238K home$1,258 rent6.4% yield
▲ 6.3% 1 yr
Evansville, IN
$225K home$1,098 rent5.8% yield
▲ 3.9% 1 yr
Lafayette, IN
$283K home$1,473 rent6.2% yield
▲ 2.9% 1 yr
Elkhart, IN
$266K home$1,182 rent5.3% yield
▲ 5.5% 1 yr
Terre Haute, IN
$166K home$977 rent7.1% yield
▲ 1.4% 1 yr
Bloomington, IN
$297K home$1,746 rent7.1% yield
▲ 1.6% 1 yr
Muncie, IN
$169K home$1,043 rent7.4% yield
▲ 4.3% 1 yr
Michigan City, IN
$259K home$1,202 rent5.6% yield
▲ 4.4% 1 yr
Kokomo, IN
$191K home$1,094 rent6.9% yield
▲ 4.4% 1 yr
Columbus, IN
$274K home$1,380 rent6.0% yield
▲ 2.5% 1 yr
Warsaw, IN
$293K home$1,444 rent5.9% yield
▲ 6.8% 1 yr
Richmond, IN
$174K home$901 rent6.2% yield
▲ 6.5% 1 yr
Crawfordsville, IN
$227K home$1,020 rent5.4% yield
▲ 4.4% 1 yr
Indiana cities
39 cities, largest first. Click a column to sort.
39 cities
| Indianapolis | $227K | ▼ 0.9% | $1,375 | ▲ 2.5% | 7.3% |
| Fort Wayne | $245K | ▲ 3.3% | $1,257 | ▲ 6.5% | 6.2% |
| Evansville | $204K | ▲ 4.3% | $1,058 | ▲ 2.9% | 6.2% |
| South Bend | $198K | ▲ 7.3% | $1,269 | ▲ 1.8% | 7.7% |
| Bloomington | $312K | ▲ 1.2% | $1,763 | ▲ 2.0% | 6.8% |
| Lafayette | $265K | ▲ 2.9% | $1,282 | ▲ 2.6% | 5.8% |
| Elkhart | $230K | ▲ 6.1% | $1,185 | ▲ 5.7% | 6.2% |
| Fishers | $445K | ▲ 1.7% | $1,938 | ▲ 5.2% | 5.2% |
| Carmel | $575K | ▲ 4.5% | $1,864 | ▲ 9.5% | 3.9% |
| Terre Haute | $159K | ▲ 0.4% | $993 | ▲ 3.3% | 7.5% |
| Greenwood | $326K | ▲ 1.1% | $1,554 | ▲ 3.2% | 5.7% |
| Muncie | $154K | ▲ 3.2% | $1,043 | ▲ 5.5% | 8.1% |
| Valparaiso | $360K | ▲ 2.5% | $1,459 | ▲ 4.3% | 4.9% |
| Noblesville | $392K | ▲ 2.0% | $1,692 | ▲ 5.6% | 5.2% |
| Gary | $87K | ▼ 0.9% | $1,367 | ▲ 4.8% | 18.8% |
| Columbus | $279K | ▲ 2.2% | $1,385 | ▲ 2.4% | 6.0% |
| Kokomo | $182K | ▲ 4.3% | $1,099 | ▲ 6.7% | 7.3% |
| West Lafayette | $363K | ▲ 1.1% | $1,877 | ▲ 2.7% | 6.2% |
| Hammond | $177K | ▲ 1.8% | $1,512 | ▲ 4.3% | 10.3% |
| Crown Point | $361K | ▲ 1.8% | $1,718 | ▲ 5.2% | 5.7% |
| Mishawaka | $213K | ▲ 5.8% | $1,196 | ▼ 0.7% | 6.7% |
| Anderson | $133K | ▲ 1.1% | $1,088 | ▲ 2.9% | 9.8% |
| New Albany | $237K | ▲ 2.8% | $1,194 | ▲ 2.8% | 6.1% |
| Lawrence | $267K | ▲ 0.2% | $1,540 | ▲ 4.1% | 6.9% |
| Jeffersonville | $251K | ▲ 1.5% | $1,366 | ▼ 0.1% | 6.5% |
| Avon | $355K | ▲ 1.3% | $1,882 | ▲ 2.4% | 6.4% |
| Brownsburg | $358K | ▲ 1.4% | $1,868 | ▲ 4.6% | 6.3% |
| Merrillville | $242K | ▲ 1.4% | $1,562 | ▲ 4.0% | 7.7% |
| Westfield | $476K | ▲ 3.2% | $1,922 | ▲ 5.5% | 4.8% |
| Portage | $266K | ▲ 0.2% | $1,449 | ▲ 4.9% | 6.5% |
| Plainfield | $334K | ▲ 1.6% | $1,722 | ▲ 3.0% | 6.2% |
| Franklin | $282K | ▲ 2.1% | $1,687 | ▲ 4.5% | 7.2% |
| Greenfield | $289K | ▲ 1.6% | $1,666 | ▲ 6.4% | 6.9% |
| Zionsville | $704K | ▲ 6.5% | $1,879 | ▲ 7.3% | 3.2% |
| Michigan City | $190K | ▲ 4.3% | $1,146 | ▲ 10.8% | 7.2% |
| Crawfordsville | $228K | ▲ 4.0% | $1,035 | ▲ 4.8% | 5.4% |
| East Chicago | $130K | ▼ 3.7% | $1,040 | ▲ 3.7% | 9.6% |
| Highland | $267K | ▲ 2.0% | $1,588 | ▲ 7.6% | 7.1% |
| Whitestown | $363K | ▲ 0.7% | $2,133 | ▲ 7.2% | 7.1% |
Data refreshed Oct 26, 2026.