All Reports Housing Affordability Kokomo MSA • January 2026 • All

Housing Affordability

Home price and typical payment compared to income

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Housing AffordabilityKokomo MSAJanuary 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
January 2026
26.2%
Year-over-year change
-1%
Compared to 26.4% last year
Difference from state
-21%
Compared to 32.9% in Indiana
View source and notes...

Last update: Feb. 8, 2026, 3:44 p.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. Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Kokomo MSA includes Howard County.

Affordable Listings

Pct. of listings in last 90 days affordable to household earning $75K
January 2026
75.0%
Year-over-year change
+6%
Compared to 70.5% last year
Difference from state
+60%
Compared to 47.0% in Indiana
View source and notes...

Last update: Feb. 8, 2026, 3:32 p.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. Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Kokomo MSA includes Howard County.

Demographics

Median Household Income

Adjusted to current dollars
January 2025
$62,644
Year-over-year change
+6%
Compared to $58,934 last year
Difference from state
-10%
Compared to $69,976 in Indiana
View source and notes...

Last update: Feb. 8, 2026, 3:44 p.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. Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Kokomo MSA includes Howard County.

Market Momentum

Price

Median Monthly Payment

For median-priced home
January 2026
$1,366
Year-over-year change
-1%
Compared to $1,381 last year
Difference from state
-29%
Compared to $1,920 in Indiana
View source and notes...

Last update: Feb. 8, 2026, 3:32 p.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. Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Kokomo MSA includes Howard County.

Median Sale Price

3-Month Rolling Median
January 2026
$185,000
Year-over-year change
+6%
Compared to $175,000 last year
Difference from state
-29%
Compared to $260,000 in Indiana
View source and notes...

Last update: Feb. 8, 2026, 3:32 p.m. Source: IAR Data Warehouse Data notes: - Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Kokomo MSA includes Howard County.

Sales

Closed Sales by Price

12-month rolling total
All properties, January 2026
1,211
+1%
Under $250K
869
+0%
At Least $250K
342
+3%
View source and notes...

Last update: Feb. 8, 2026, 4:28 p.m. Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Kokomo MSA includes Howard County.

Supply

New Listings by Price

12-month rolling total
All properties, January 2026
1,446
+4%
Under $250K
1,031
+5%
At Least $250K
415
+2%
View source and notes...

Last update: Feb. 8, 2026, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Kokomo MSA includes Howard County.

Inventory by Price

Average daily inventory in latest month
All properties, January 2026
217
+2%
Under $250K
152
+3%
At Least $250K
65
-1%
View source and notes...

Last update: Feb. 8, 2026, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Kokomo MSA includes Howard County.