Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$291,696+4.1% 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$63,234About 0.8× the local median income ($82,097): affordable for a typical household
Days on market54 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.9%Zillow expects prices to rise slightly
The typical home in Warrick County, IN is worth $291,696, up 4.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $212,954, so the area is 37.0% overvalued. It is a balanced market: homes take about 54 days to sell, listings are up 8% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 2.9% over the next year. A household needs about $63,234 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 $82,097. Typical rent is $1,588 a month, or $1,699 for a house. In the latest IRS figures, 465 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
$291,696
Change in 1 year
+4.1%
Overvalued %
+37.0%
Show 7 more
Fair home value
$212,954
Change in 5 years
+27.8%
Zillow forecast, next 12 months
+2.9%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$1,581
Income needed to afford it
$63,234
Property tax rate
0.67%
Rent and investing
Typical rent
$1,588
Typical rent for houses
$1,699
Price-to-rent ratio
15.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,127
Gross rental yield
6.53%
Cap rate (estimate)
4.25%
Market activity
Listings vs a year ago
+7.9%
Days on market
54
Listings with a price cut
24.6%
Show 3 more
Homes for sale
205
Pending sales per 100 listings
31
Asking price per sq ft
$163
People and jobs
Median household income
$82,097
Population change (1 year)
+0.7%
Unemployment rate
3.1%
Show 4 more
Population
66,803
Income adjusted for cost of living
$89,723
Net moves in (IRS)
+465
Cost of living (US = 100)
91.5
Schools, risk and environment
School rating (1 to 10)
8.0
FEMA hazard risk score (0 to 100)
65.1
Unhealthy air days a year
0
Show 4 more
Flood risk score
68.9
Wildfire risk score
35.6
Walkability (1 to 20)
6.4
Road, rail and air noise
54 dB
Questions people ask
Is Warrick County, IN overvalued?
Home prices in Warrick County, IN are well above what local incomes have historically supported: fair value is about $212,954, so the area is 37.0% overvalued.
Is Warrick County, IN a buyer's or seller's market?
Warrick County, IN is a balanced market: homes take about 54 days to sell, listings are up 8% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Warrick County, IN?
Home values in Warrick County, IN are up 4.1% over the last year. Zillow's forecast for the next 12 months is +2.9%.
How much do you need to earn to buy a home in Warrick County, IN?
A household needs about $63,234 a year to afford the typical home in Warrick County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $82,097.