Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$329,462+2.0% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 28% have cut their price
Income needed to buy, per year$71,420About 0.7× the local median income ($96,513): affordable for a typical household
Days on market61 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 Hancock County, IN is worth $329,462, up 2.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $281,537, so the area is 17.0% overvalued. It is a balanced market: homes take about 61 days to sell, listings are up 2% from a year ago, 28% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $71,420 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 $96,513. Typical rent is $1,755 a month, or $2,183 for a house. In the latest IRS figures, 2,420 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
$329,462
Change in 1 year
+2.0%
Overvalued %
+17.0%
Show 7 more
Fair home value
$281,537
Change in 5 years
+25.0%
Zillow forecast, next 12 months
+1.9%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$1,786
Income needed to afford it
$71,420
Property tax rate
0.66%
Rent and investing
Typical rent
$1,755
Typical rent for houses
$2,183
Price-to-rent ratio
15.6×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,536
Gross rental yield
6.39%
Cap rate (estimate)
4.15%
Market activity
Listings vs a year ago
+2.3%
Days on market
61
Listings with a price cut
27.8%
Show 3 more
Homes for sale
306
Pending sales per 100 listings
54
Asking price per sq ft
$167
People and jobs
Median household income
$96,513
Population change (1 year)
+2.4%
Unemployment rate
2.7%
Show 4 more
Population
90,969
Income adjusted for cost of living
$100,850
Net moves in (IRS)
+2,420
Cost of living (US = 100)
95.7
Schools, risk and environment
School rating (1 to 10)
7.4
FEMA hazard risk score (0 to 100)
44.0
Unhealthy air days a year
0
Show 4 more
Flood risk score
57.1
Wildfire risk score
4.9
Walkability (1 to 20)
6.6
Road, rail and air noise
54 dB
Questions people ask
Is Hancock County, IN overvalued?
Home prices in Hancock County, IN are well above what local incomes have historically supported: fair value is about $281,537, so the area is 17.0% overvalued.
Is Hancock County, IN a buyer's or seller's market?
Hancock County, IN is a balanced market: homes take about 61 days to sell, listings are up 2% from a year ago, 28% of listings have had a price cut.
Are home prices going down in Hancock County, IN?
Home values in Hancock County, IN are up 2.0% 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 Hancock County, IN?
A household needs about $71,420 a year to afford the typical home in Hancock County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $96,513.