All Reports Housing Affordability Hancock County • April 2026 • All

Housing Affordability

Home price and typical payment compared to income

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Housing AffordabilityHancock CountyApril 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
April 2026
32.9%
Year-over-year change
-6%
Compared to 34.9% last year
Difference from state
-5%
Compared to 34.8% in Indiana
View source and notes...

Last update: May 7, 2026, 6:53 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
April 2026
11.7%
Year-over-year change
-13%
Compared to 13.4% last year
Difference from state
-70%
Compared to 39.2% in Indiana
View source and notes...

Last update: May 7, 2026, 6:44 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
$91,737
Year-over-year change
+14%
Compared to $80,704 last year
Difference from state
+31%
Compared to $69,976 in Indiana
View source and notes...

Last update: May 7, 2026, 6:53 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
April 2026
$2,518
Year-over-year change
-6%
Compared to $2,666 last year
Difference from state
+24%
Compared to $2,028 in Indiana
View source and notes...

Last update: May 7, 2026, 6:44 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
April 2026
$335,000
Year-over-year change
-3%
Compared to $344,000 last year
Difference from state
+24%
Compared to $269,792 in Indiana
View source and notes...

Last update: May 7, 2026, 6:44 a.m. Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, May 2026
1,626
+11%
Under $250K
270
+7%
At Least $250K
1,356
+11%
View source and notes...

Last update: May 7, 2026, 7:32 a.m. Source: IAR MLS Data Warehouse Data notes: None

Supply

New Listings by Price

12-month rolling total
All properties, May 2026
1,897
+8%
Under $250K
236
-14%
At Least $250K
1,661
+11%
View source and notes...

Last update: May 7, 2026, 7:32 a.m. Source: IAR MLS Data Warehouse Data notes: None

Inventory by Price

Average daily inventory in latest month
All properties, May 2026
294
+7%
Under $250K
29
-20%
At Least $250K
264
+11%
View source and notes...

Last update: May 7, 2026, 7:32 a.m. Source: IAR MLS Data Warehouse Data notes: None