Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$278,212+4.9% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 21% have cut their price
Income needed to buy, per year$60,311About 0.9× the local median income ($70,676): affordable for a typical household
Days on market74 daysSlower than a year ago: buyers have time to negotiate
The typical home in Ripley County, IN is worth $278,212, up 4.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $225,872, so the area is 23.2% overvalued. It is a balanced market, leaning toward sellers: homes take about 74 days to sell, listings are down 4% from a year ago, 21% of listings have had a price cut. A household needs about $60,311 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 $70,676. In the latest IRS figures, 166 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
$278,212
Change in 1 year
+4.9%
Overvalued %
+23.2%
Show 6 more
Fair home value
$225,872
Change in 5 years
+27.1%
Home value to income
3.9×
Monthly mortgage payment (20% down)
$1,508
Income needed to afford it
$60,311
Property tax rate
0.56%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,053
Market activity
Listings vs a year ago
−4.1%
Days on market
74
Listings with a price cut
21.1%
Show 3 more
Homes for sale
47
Pending sales per 100 listings
28
Asking price per sq ft
$158
People and jobs
Median household income
$70,676
Population change (1 year)
+0.3%
Unemployment rate
3.0%
Show 4 more
Population
29,434
Income adjusted for cost of living
$79,680
Net moves in (IRS)
+166
Cost of living (US = 100)
88.7
Schools, risk and environment
School rating (1 to 10)
6.5
FEMA hazard risk score (0 to 100)
46.8
Flood risk score
53.8
Show 3 more
Wildfire risk score
8.0
Walkability (1 to 20)
5.8
Road, rail and air noise
54 dB
Questions people ask
Is Ripley County, IN overvalued?
Home prices in Ripley County, IN are well above what local incomes have historically supported: fair value is about $225,872, so the area is 23.2% overvalued.
Is Ripley County, IN a buyer's or seller's market?
Ripley County, IN is a balanced market, leaning toward sellers: homes take about 74 days to sell, listings are down 4% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Ripley County, IN?
Home values in Ripley County, IN are up 4.9% over the last year.
How much do you need to earn to buy a home in Ripley County, IN?
A household needs about $60,311 a year to afford the typical home in Ripley County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,676.