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

Housing Affordability

Home price and typical payment compared to income

Summary

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Housing Affordability • Monroe County • September 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
September 2026
46.6%
Year-over-year change
+8%
Compared to 43.1% last year
Difference from state
+33%
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
22.5%
Year-over-year change
+8%
Compared to 20.9% last year
Difference from state
-39%
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
$67,535
Year-over-year change
+1%
Compared to $67,034 last year
Difference from state
-11%
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
$2,624
Year-over-year change
+9%
Compared to $2,409 last year
Difference from state
+19%
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
$335,000
Year-over-year change
+5%
Compared to $320,000 last year
Difference from state
+19%
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
1,545
+2%
Under $250K
422
-4%
At Least $250K
1,126
+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
2,352
+4%
Under $250K
569
+7%
At Least $250K
1,783
+3%
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
697
+4%
Under $250K
184
+13%
At Least $250K
514
+1%
View source and notes...

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