Indiana · Home Values · 2024
Indiana home prices 2024 — median, average and county breakdown
According to the US Census Bureau's American Community Survey 5-Year Estimates (2020–2024), the median home value in Indiana is $218,200. Across the 92 counties measured, home values range from $107,500 in Blackford, IN to $405,500 in Hamilton, IN.
Indiana median home value, 2024
Most expensive counties in Indiana
| County | Median home value |
|---|---|
| Hamilton, IN | $405,500 |
| Boone, IN | $376,200 |
| Hendricks, IN | $307,600 |
| Monroe, IN | $285,200 |
| Johnson, IN | $284,600 |
Most affordable counties in Indiana
| County | Median home value |
|---|---|
| Blackford, IN | $107,500 |
| Vermillion, IN | $113,100 |
| Randolph, IN | $113,400 |
| Jay, IN | $117,500 |
| Crawford, IN | $117,700 |
Average vs median home price — what's the difference?
The figure $218,200 is the median home value reported by the US Census Bureau — the middle value when every owner-occupied home in Indiana is sorted by price. Median is the standard measure used in housing reporting because it is not skewed by a small number of very expensive properties. The "average" home price searched for online almost always refers to this median value; true arithmetic averages tend to be 10–30% higher than the median in markets with high-end outliers, but the Census does not publish that figure.
For Indiana specifically, the Census also reports a median monthly rent of $1,062 and a price-to-income ratio of 3.0×. Both are sourced from the same 2020–2024 ACS 5-Year Estimates release.
Explore Indiana on the map
The figures above are static snapshots. The full county-level breakdown — including rent burden, price-to-income ratio, owner cost burden, and population change — is available on the interactive map.
Open Indiana on the USInsights map →Compare with other states
See the same home-price breakdown for any other US state, or compare Indiana side-by-side with the national rankings: