All Reports › Housing Affordability › Steuben County • May 2026 • All

Housing Affordability

Home price and typical payment compared to income

 Quick Summary

Generating summary...

Housing Affordability • Steuben County • May 2026

Subscribe Use This Report
Print or PDF New report All reports

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
May 2026
29.4%
Year-over-year change
-7%
Compared to 31.5% last year
Difference from state
-18%
Compared to 35.8% in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
May 2026
29.4%
Year-over-year change
-7%
Compared to 31.5% last year
Difference from state
-18%
View source and notes...

Last update: June 7, 2026, 4:13 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
May 2026
39.8%
Year-over-year change
+34%
Compared to 29.7% last year
Difference from state
+8%
Compared to 36.9% in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
May 2026
39.8%
Year-over-year change
+34%
Compared to 29.7% last year
Difference from state
+8%
View source and notes...

Last update: June 7, 2026, 4:03 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
$77,266
Year-over-year change
+3%
Compared to $75,342 last year
Difference from state
+10%
Compared to $69,976 in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
January 2025
$77,266
Year-over-year change
+3%
Compared to $75,342 last year
Difference from state
+10%
View source and notes...

Last update: June 7, 2026, 4:13 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
May 2026
$1,896
Year-over-year change
-7%
Compared to $2,029 last year
Difference from state
-9%
Compared to $2,085 in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
May 2026
$1,896
Year-over-year change
-7%
Compared to $2,029 last year
Difference from state
-9%
View source and notes...

Last update: June 7, 2026, 4:03 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
May 2026
$250,000
Year-over-year change
-4%
Compared to $260,000 last year
Difference from state
-9%
Compared to $275,000 in Indiana
Export chart   Export data   Open chart   Share chart   Map it!  
May 2026
$250,000
Year-over-year change
-4%
Compared to $260,000 last year
Difference from state
-9%
View source and notes...

Last update: June 7, 2026, 4:03 a.m. Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, June 2026
512
+16%
Under $250K
213
+13%
At Least $250K
299
+17%
Export chart   Export data   Open chart   Share chart   Map it!  
All properties, June 2026
512
+16%
Under $250K
213
+13%
At Least $250K
299
View source and notes...

Last update: June 7, 2026, 4:55 a.m. Source: IAR MLS Data Warehouse Data notes: None

Supply

New Listings by Price

12-month rolling total
All properties, June 2026
623
+5%
Under $250K
232
+12%
At Least $250K
391
+1%
Export chart   Export data   Open chart   Share chart   Map it!  
All properties, June 2026
623
+5%
Under $250K
232
+12%
At Least $250K
391
View source and notes...

Last update: June 7, 2026, 4:55 a.m. Source: IAR MLS Data Warehouse Data notes: None

Inventory by Price

Average daily inventory in latest month
All properties, June 2026
126
-24%
Under $250K
41
-5%
At Least $250K
85
-31%
Export chart   Export data   Open chart   Share chart   Map it!  
All properties, June 2026
126
-24%
Under $250K
41
-5%
At Least $250K
85
View source and notes...

Last update: June 7, 2026, 4:55 a.m. Source: IAR MLS Data Warehouse Data notes: None

Contact

Indiana Association of REALTORS®
143 W Market St, Ste 100
Indianapolis, IN 46204
Phone: 1.800.284.0084

Report an Issue or Submit an Idea

Housing Hub Issue Tracker

Admin

Labs

Copyright © 2026 Indiana Association of REALTORS®