Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$466,276+2.8% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 31% have cut their price
Income needed to buy, per year$101,079About 0.8× the local median income ($127,452): affordable for a typical household
Days on market49 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.9%Zillow expects prices to rise slightly
The typical home in Hamilton County, IN is worth $466,276, up 2.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $405,769, so the area is 14.9% overvalued. It is a balanced market, leaning toward buyers: homes take about 49 days to sell, listings are up 19% from a year ago, 31% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $101,079 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $127,452. Typical rent is $1,845 a month, or $2,295 for a house. In the latest IRS figures, 2,691 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$466,276
Change in 1 year
+2.8%
Overvalued %
+14.9%
Show 7 more
Fair home value
$405,769
Change in 5 years
+26.6%
Zillow forecast, next 12 months
+1.9%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$2,527
Income needed to afford it
$101,079
Property tax rate
0.88%
Rent and investing
Typical rent
$1,845
Typical rent for houses
$2,295
Price-to-rent ratio
21.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,536
Gross rental yield
4.75%
Cap rate (estimate)
3.09%
Market activity
Listings vs a year ago
+19.3%
Days on market
49
Listings with a price cut
30.6%
Show 3 more
Homes for sale
1,111
Pending sales per 100 listings
49
Asking price per sq ft
$195
People and jobs
Median household income
$127,452
Population change (1 year)
+1.9%
Unemployment rate
2.8%
Show 4 more
Population
387,036
Income adjusted for cost of living
$133,179
Net moves in (IRS)
+2,691
Cost of living (US = 100)
95.7
Schools, risk and environment
School rating (1 to 10)
8.7
FEMA hazard risk score (0 to 100)
88.8
Unhealthy air days a year
5
Show 4 more
Flood risk score
91.1
Wildfire risk score
20.3
Walkability (1 to 20)
8.1
Road, rail and air noise
55 dB
Questions people ask
Is Hamilton County, IN overvalued?
Home prices in Hamilton County, IN are well above what local incomes have historically supported: fair value is about $405,769, so the area is 14.9% overvalued.
Is Hamilton County, IN a buyer's or seller's market?
Hamilton County, IN is a balanced market, leaning toward buyers: homes take about 49 days to sell, listings are up 19% from a year ago, 31% of listings have had a price cut.
Are home prices going down in Hamilton County, IN?
Home values in Hamilton County, IN are up 2.8% over the last year. Zillow's forecast for the next 12 months is +1.9%.
How much do you need to earn to buy a home in Hamilton County, IN?
A household needs about $101,079 a year to afford the typical home in Hamilton County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $127,452.