Adams County, Indiana Housing Market
In Adams County, Indiana, the median home value is $178,400, with a median monthly rent of $833. This places Adams County at #1662 nationally out of 3134 counties by median home value, and #47 within Indiana.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $967
- Establishments: 766
- BLS QCEW, 2025
Housing Supply
- Single-family: 96
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 13,503 (avg $74,029)
- Outflow: 13,068 (avg $74,932)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 5 active ZIP codes in Adams County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 46711 | 250.4 | +38.01% | 2025 |
| 2 | 46733 | 217.4 | +4.45% | 2025 |
| 3 | 46773 | 226.3 | -2.29% | 2025 |
| 4 | 46714 | 222.1 | +4.21% | 2025 |
| 5 | 46777 | 246.7 | +3.47% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Adams County Compares
| Metric | Adams County | Indiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $178,400 | $191,898 | $227,706 |
| Median Gross Rent | $833 | $910 | $968 |
| Owner Occupancy Rate | 83.5% | 76.3% | 73.3% |
| Price/Rent Ratio | 17.8 | 17.5 | 18.7 |
Market Analysis
The median home value in Adams County is 7.0% below the Indiana state average and 21.7% below the U.S. national average. The median rent of $833/month is 8.5% below the state average.
With a price-to-rent ratio of 17.8, the buy-vs-rent decision in Adams County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Adams County has an owner-occupancy rate of 83.5%, compared to 76.3% in Indiana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Richmond County | Georgia | $178,500 | $1,141 |
| Jackson County | Indiana | $178,300 | $1,004 |
| St. Joseph County | Michigan | $178,300 | $849 |
| Wayne County | Michigan | $178,500 | $1,132 |
| Pickett County | Tennessee | $178,500 | $564 |
Other Counties in Indiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Jackson County | $178,300 | $1,004 | 73.2% |
| Gibson County | $180,000 | $935 | 76.7% |
| White County | $175,900 | $901 | 81.0% |
| Carroll County | $180,900 | $890 | 82.2% |
| Switzerland County | $175,800 | $758 | 78.5% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).