Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$230,569+6.5% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$49,982About 0.8× the local median income ($64,573): affordable for a typical household
Days on market44 daysAbout the same pace as a year ago
Next 12 months+3.9%Zillow expects prices to rise slightly
The typical home in Saint Joseph County, IN is worth $230,569, up 6.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $168,978, so the area is 36.4% overvalued. It is a balanced market: homes take about 44 days to sell, listings are up 27% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 3.9% over the next year. A household needs about $49,982 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 $64,573. Typical rent is $1,258 a month, or $1,409 for a house. In the latest IRS figures, 903 more people moved out than in.
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
$230,569
Change in 1 year
+6.5%
Overvalued %
+36.4%
Show 7 more
Fair home value
$168,978
Change in 5 years
+40.5%
Zillow forecast, next 12 months
+3.9%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$1,250
Income needed to afford it
$49,982
Property tax rate
0.86%
Rent and investing
Typical rent
$1,258
Typical rent for houses
$1,409
Price-to-rent ratio
15.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,276
Gross rental yield
6.55%
Cap rate (estimate)
4.25%
Market activity
Listings vs a year ago
+26.8%
Days on market
44
Listings with a price cut
25.4%
Show 3 more
Homes for sale
687
Pending sales per 100 listings
47
Asking price per sq ft
$163
People and jobs
Median household income
$64,573
Population change (1 year)
−0.0%
Unemployment rate
5.2%
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Population
272,861
Income adjusted for cost of living
$69,508
Net moves in (IRS)
−903
Cost of living (US = 100)
92.9
Schools, risk and environment
School rating (1 to 10)
4.9
FEMA hazard risk score (0 to 100)
85.8
Unhealthy air days a year
7
Show 4 more
Flood risk score
85.4
Wildfire risk score
22.2
Walkability (1 to 20)
7.4
Road, rail and air noise
53 dB
Questions people ask
Is Saint Joseph County, IN overvalued?
Home prices in Saint Joseph County, IN are well above what local incomes have historically supported: fair value is about $168,978, so the area is 36.4% overvalued.
Is Saint Joseph County, IN a buyer's or seller's market?
Saint Joseph County, IN is a balanced market: homes take about 44 days to sell, listings are up 27% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Saint Joseph County, IN?
Home values in Saint Joseph County, IN are up 6.5% over the last year. Zillow's forecast for the next 12 months is +3.9%.
How much do you need to earn to buy a home in Saint Joseph County, IN?
A household needs about $49,982 a year to afford the typical home in Saint Joseph County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,573.