Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$259,924+6.9% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 33% have cut their price
Income needed to buy, per year$56,346About 0.9× the local median income ($63,858): affordable for a typical household
Days on market58 daysFaster than a year ago: sellers have the edge
The typical home in Switzerland County, IN is worth $259,924, up 6.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $203,176, so the area is 27.9% overvalued. It is a buyer's market: homes take about 58 days to sell, listings are up 26% from a year ago, 33% of listings have had a price cut. A household needs about $56,346 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 $63,858. In the latest IRS figures, 25 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
$259,924
Change in 1 year
+6.9%
Overvalued %
+27.9%
Show 6 more
Fair home value
$203,176
Change in 5 years
+45.5%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$1,409
Income needed to afford it
$56,346
Property tax rate
0.45%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,029
Market activity
Listings vs a year ago
+25.8%
Days on market
58
Listings with a price cut
32.6%
Show 3 more
Homes for sale
39
Pending sales per 100 listings
21
Asking price per sq ft
$195
People and jobs
Median household income
$63,858
Population change (1 year)
+0.0%
Unemployment rate
4.2%
Show 4 more
Population
10,037
Income adjusted for cost of living
$71,993
Net moves in (IRS)
−25
Cost of living (US = 100)
88.7
Schools, risk and environment
School rating (1 to 10)
4.0
FEMA hazard risk score (0 to 100)
11.6
Flood risk score
21.5
Show 3 more
Wildfire risk score
3.0
Walkability (1 to 20)
4.0
Road, rail and air noise
54 dB
Questions people ask
Is Switzerland County, IN overvalued?
Home prices in Switzerland County, IN are well above what local incomes have historically supported: fair value is about $203,176, so the area is 27.9% overvalued.
Is Switzerland County, IN a buyer's or seller's market?
Switzerland County, IN is a buyer's market: homes take about 58 days to sell, listings are up 26% from a year ago, 33% of listings have had a price cut.
Are home prices going down in Switzerland County, IN?
Home values in Switzerland County, IN are up 6.9% over the last year.
How much do you need to earn to buy a home in Switzerland County, IN?
A household needs about $56,346 a year to afford the typical home in Switzerland County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,858.