All Reports › Housing Affordability › Cass County • September 2026 • All Residential

Housing Affordability

Home price and typical payment compared to income

Summary

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Housing Affordability • Cass County • September 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
September 2026
26.2%
Year-over-year change
-5%
Compared to 27.6% last year
Difference from state
-39%
Compared to 42.7% in Indiana
View source and notes...

Last update: Oct. 7, 2026, 8:37 a.m. Source: IAR Data Warehouse / American Community Survey Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Affordable Listings

Pct. of listings in last 90 days affordable to household earning $75K
September 2026
73.9%
Year-over-year change
+3%
Compared to 71.9% last year
Difference from state
+99%
Compared to 37.1% in Indiana
View source and notes...

Last update: Oct. 7, 2026, 7:29 a.m. Source: IAR Data Warehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Demographics

Median Household Income

Adjusted to current dollars
January 2025
$61,098
Year-over-year change
-0%
Compared to $61,141 last year
Difference from state
-1%
Compared to $61,915 in Indiana
View source and notes...

Last update: Oct. 7, 2026, 8:37 a.m. Source: American Community Survey and Bureau of Labor Statistics Employment Cost Index Data notes: The most recent income measure from the American Community Survey is adjusted by two-year change in the Employment Cost Index to adjust to current dollars.

Market Momentum

Price

Median Monthly Payment

For median-priced home
September 2026
$1,331
Year-over-year change
-5%
Compared to $1,404 last year
Difference from state
-40%
Compared to $2,201 in Indiana
View source and notes...

Last update: Oct. 7, 2026, 7:29 a.m. Source: IAR Datawarehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Median Sale Price

3-Month Rolling Median
September 2026
$170,000
Year-over-year change
-9%
Compared to $186,500 last year
Difference from state
-40%
Compared to $280,995 in Indiana
View source and notes...

Last update: Oct. 7, 2026, 7:29 a.m. Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, October 2026
388
+5%
Under $250K
310
+7%
At Least $250K
79
-2%
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR MLS Data Warehouse Data notes: None

Supply

New Listings by Price

12-month rolling total
All properties, October 2026
474
-4%
Under $250K
349
-6%
At Least $250K
125
+1%
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR MLS Data Warehouse Data notes: None

Inventory by Price

Average daily inventory in latest month
All properties, October 2026
93
-15%
Under $250K
69
-20%
At Least $250K
24
+2%
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR MLS Data Warehouse Data notes: None