Brown County, Indiana Housing Market

In Brown County, Indiana, the median home value is $269,100, with a median monthly rent of $895. This places Brown County at #785 nationally out of 3134 counties by median home value, and #8 within Indiana.

Median Home Value $269,100
Median Rent $895/mo
Owner Occupancy 86.6%
Price/Rent Ratio 25.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Brown County rose +6.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,635
jobs (private sector)
  • Avg weekly wage: $769
  • Establishments: 351
  • BLS QCEW, 2025
🏗️

Housing Supply

59
new units authorized (2025)
  • Single-family: 59
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+400
net migration (filers, 2021-2022)
  • Inflow: 6,902 (avg $34,234)
  • Outflow: 6,502 (avg $73,164)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 6 active ZIP codes in Brown County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 47468 379.0 +39.61% 2025
2 46164 279.0 +18.46% 2025
3 46160 235.6 +3.13% 2025
4 46181 228.6 +3.73% 2025
5 47401 253.9 +1.19% 2025
6 47235 223.3 +7.45% 2023

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.

How Brown County Compares

MetricBrown CountyIndiana AverageU.S. Average
Median Home Value $269,100 $191,898 $227,706
Median Gross Rent $895 $910 $968
Owner Occupancy Rate 86.6% 76.3% 73.3%
Price/Rent Ratio 25.1 17.5 18.7

Market Analysis

The median home value in Brown County is 40.2% above the Indiana state average and 18.2% above the U.S. national average. The median rent of $895/month is 1.6% below the state average.

With a price-to-rent ratio of 25.1, Brown County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Brown County has an owner-occupancy rate of 86.6%, 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

CountyStateMedian Home ValueMedian Rent
Erath County Texas $269,100 $1,146
Gila County Arizona $269,400 $1,030
Fremont County Wyoming $268,800 $898
Sullivan County New Hampshire $268,700 $1,211
Warren County Iowa $269,600 $973

Other Counties in Indiana

CountyMedian Home ValueMedian RentOwner Occ.
Hancock County $274,800 $1,203 79.5%
Porter County $281,500 $1,219 77.7%
LaGrange County $255,900 $839 83.0%
Johnson County $284,600 $1,271 72.7%
Monroe County $285,200 $1,193 54.0%

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).