All Reports › Housing Affordability › St. Joseph County • September 2026 • All Residential

Housing Affordability

Home price and typical payment compared to income

Summary

Generating summary...

Housing Affordability • St. Joseph County • September 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
September 2026
34.2%
Year-over-year change
+5%
Compared to 32.4% last year
Difference from state
-2%
Compared to 34.9% in Indiana
View source and notes...

Last update: Oct. 7, 2026, midnight 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. Income is the Median Household Income series, including its projected years.

Affordable Listings

Pct. of listings in last 90 days affordable to household earning $75K
September 2026
45.0%
Year-over-year change
-7%
Compared to 48.5% last year
Difference from state
+22%
Compared to 37.0% in Indiana
View source and notes...

Last update: Oct. 7, 2026, midnight 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 2026
$69,315
Year-over-year change
+1%
Compared to $68,312 last year
Difference from state
-9%
Compared to $75,847 in Indiana
View source and notes...

Last update: Oct. 7, 2026, midnight Source: American Community Survey and Bureau of Labor Statistics Employment Cost Index Data notes: Median household income from the American Community Survey: 1-year estimate where available, 5-year otherwise; county groups are household-weighted. Each year is averaged with the prior year to smooth sampling noise. The latest two years are projections: the ACS figure from two years earlier grown by the two-year change in the BLS Employment Cost Index (December to December), replaced when that ACS year is published.

Market Momentum

Price

Median Monthly Payment

For median-priced home
September 2026
$1,974
Year-over-year change
+7%
Compared to $1,845 last year
Difference from state
-11%
Compared to $2,209 in Indiana
View source and notes...

Last update: Oct. 7, 2026, midnight 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
$252,000
Year-over-year change
+3%
Compared to $245,000 last year
Difference from state
-11%
Compared to $282,000 in Indiana
View source and notes...

Last update: Oct. 7, 2026, midnight Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, October 2026
3,320
-4%
Under $250K
1,713
-11%
At Least $250K
1,607
+4%
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
4,317
+2%
Under $250K
2,072
-6%
At Least $250K
2,245
+11%
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
755
+17%
Under $250K
311
+9%
At Least $250K
444
+23%
View source and notes...

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