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

Housing Affordability

Home price and typical payment compared to income

Summary

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Housing Affordability • Vanderburgh County • September 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
September 2026
37.3%
Year-over-year change
-1%
Compared to 37.6% last year
Difference from state
-13%
Compared to 42.7% in Indiana
View source and notes...

Last update: Oct. 7, 2026, 8:37 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
September 2026
54.8%
Year-over-year change
-8%
Compared to 59.5% last year
Difference from state
+48%
Compared to 37.1% in Indiana
View source and notes...

Last update: Oct. 7, 2026, 7:29 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
$54,229
Year-over-year change
+4%
Compared to $52,064 last year
Difference from state
-12%
Compared to $61,915 in Indiana
View source and notes...

Last update: Oct. 7, 2026, 8:37 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
September 2026
$1,684
Year-over-year change
-1%
Compared to $1,697 last year
Difference from state
-23%
Compared to $2,201 in Indiana
View source and notes...

Last update: Oct. 7, 2026, 7:29 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
September 2026
$215,000
Year-over-year change
-5%
Compared to $225,450 last year
Difference from state
-23%
Compared to $280,995 in Indiana
View source and notes...

Last update: Oct. 7, 2026, 7:29 a.m. Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, October 2026
2,366
-2%
Under $250K
1,450
-5%
At Least $250K
916
+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
2,983
-1%
Under $250K
1,793
-3%
At Least $250K
1,190
+0%
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
590
+6%
Under $250K
347
+4%
At Least $250K
243
+10%
View source and notes...

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