Indiana Affordability
How affordable is Indiana real estate?
Public Record + Census ACS
Median Home Price
$322.1K
Median Household Income
$67,173
Affordability Index
4.79
vs National Avg
-29.8%
Cities in Indiana by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | Gary | $129.2K | 1.92 |
| 2 | Muncie | $175.8K | 2.62 |
| 3 | Anderson | $180.9K | 2.69 |
| 4 | Evansville | $234.8K | 3.50 |
| 5 | Bedford | $236.9K | 3.53 |
| 6 | Terre Haute | $248.4K | 3.70 |
| 7 | Crawfordsville | $277.2K | 4.13 |
| 8 | Martinsville | $285.9K | 4.26 |
| 9 | South Bend | $287.4K | 4.28 |
| 10 | Fort Wayne | $305.2K | 4.54 |
| 11 | Lafayette | $327.6K | 4.88 |
| 12 | Indianapolis | $336.8K | 5.01 |
| 13 | Whitestown | $339.9K | 5.06 |
| 14 | Avon | $354.3K | 5.27 |
| 15 | Greenwood | $361.2K | 5.38 |
| 16 | Newburgh | $369.2K | 5.50 |
| 17 | Plainfield | $369.3K | 5.50 |
| 18 | Bloomington | $386.1K | 5.75 |
| 19 | Cedar Lake | $387.5K | 5.77 |
| 20 | Noblesville | $392.2K | 5.84 |
| 21 | Columbus | $407.1K | 6.06 |
| 22 | West Lafayette | $412.7K | 6.14 |
| 23 | Angola | $422K | 6.28 |
| 24 | Crown Point | $422.4K | 6.29 |
| 25 | Franklin | $437.1K | 6.51 |
| 26 | Valparaiso | $452.4K | 6.74 |
| 27 | Westfield | $479.2K | 7.13 |
| 28 | Chesterton | $483.8K | 7.20 |
| 29 | Fishers | $541.1K | 8.06 |
| 30 | Carmel | $929.5K | 13.84 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.