All Reports Housing Affordability Kokomo MSA • July 2026 • All Residential

Housing Affordability

Home price and typical payment compared to income

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Housing AffordabilityKokomo MSAJuly 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
July 2026
31.3%
Year-over-year change
+1%
Compared to 31.1% last year
Difference from state
-26%
Compared to 42.3% in Indiana
View source and notes...

Last update: Aug. 7, 2026, 4:05 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. 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
July 2026
64.8%
Year-over-year change
-6%
Compared to 68.8% last year
Difference from state
+78%
Compared to 36.4% in Indiana
View source and notes...

Last update: Aug. 7, 2026, 3:56 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. 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
$57,180
Year-over-year change
+4%
Compared to $55,059 last year
Difference from state
-8%
Compared to $61,915 in Indiana
View source and notes...

Last update: Aug. 7, 2026, 4:05 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. 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
July 2026
$1,492
Year-over-year change
+1%
Compared to $1,480 last year
Difference from state
-32%
Compared to $2,183 in Indiana
View source and notes...

Last update: Aug. 7, 2026, 3:56 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. 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
July 2026
$195,250
Year-over-year change
+2%
Compared to $191,000 last year
Difference from state
-32%
Compared to $285,700 in Indiana
View source and notes...

Last update: Aug. 7, 2026, 3:56 a.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, July 2026
1,160
-2%
Under $250K
809
-6%
At Least $250K
351
+8%
View source and notes...

Last update: Aug. 7, 2026, 4:44 a.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, July 2026
1,490
+0%
Under $250K
1,016
-3%
At Least $250K
474
+8%
View source and notes...

Last update: Aug. 7, 2026, 4:44 a.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.

Inventory by Price

Average daily inventory in latest month
All properties, July 2026
247
+17%
Under $250K
154
+12%
At Least $250K
93
+28%
View source and notes...

Last update: Aug. 7, 2026, 4:44 a.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.