Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$190,881+4.4% YoY · prices are rising fast
Market right nowSeller's marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$41,379About 0.6× the local median income ($67,297): affordable for a typical household
Days on market51 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+3.3%Zillow expects prices to rise slightly
The typical home in Howard County, IN is worth $190,881, up 4.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $151,464, so the area is 26.0% overvalued. It is a seller's market: homes take about 51 days to sell, listings are up 8% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 3.3% over the next year. A household needs about $41,379 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 $67,297. Typical rent is $1,094 a month, or $1,334 for a house. In the latest IRS figures, 312 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
$190,881
Change in 1 year
+4.4%
Overvalued %
+26.0%
Show 7 more
Fair home value
$151,464
Change in 5 years
+37.9%
Zillow forecast, next 12 months
+3.3%
Home value to income
2.8×
Monthly mortgage payment (20% down)
$1,034
Income needed to afford it
$41,379
Property tax rate
0.72%
Rent and investing
Typical rent
$1,094
Typical rent for houses
$1,334
Price-to-rent ratio
14.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,179
Gross rental yield
6.88%
Cap rate (estimate)
4.47%
Market activity
Listings vs a year ago
+8.3%
Days on market
51
Listings with a price cut
19.0%
Show 3 more
Homes for sale
262
Pending sales per 100 listings
42
Asking price per sq ft
$129
People and jobs
Median household income
$67,297
Population change (1 year)
−0.1%
Unemployment rate
5.8%
Show 4 more
Population
83,904
Income adjusted for cost of living
$75,108
Net moves in (IRS)
+312
Cost of living (US = 100)
89.6
Schools, risk and environment
School rating (1 to 10)
5.0
FEMA hazard risk score (0 to 100)
63.7
Unhealthy air days a year
3
Show 4 more
Flood risk score
64.5
Wildfire risk score
14.6
Walkability (1 to 20)
6.7
Road, rail and air noise
54 dB
Questions people ask
Is Howard County, IN overvalued?
Home prices in Howard County, IN are well above what local incomes have historically supported: fair value is about $151,464, so the area is 26.0% overvalued.
Is Howard County, IN a buyer's or seller's market?
Howard County, IN is a seller's market: homes take about 51 days to sell, listings are up 8% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Howard County, IN?
Home values in Howard County, IN are up 4.4% over the last year. Zillow's forecast for the next 12 months is +3.3%.
How much do you need to earn to buy a home in Howard County, IN?
A household needs about $41,379 a year to afford the typical home in Howard County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,297.