Cass County, Indiana Housing Market
In Cass County, Indiana, the median home value is $133,800, with a median monthly rent of $783. This places Cass County at #2451 nationally out of 3134 counties by median home value, and #83 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: $984
- Establishments: 702
- BLS QCEW, 2025
Housing Supply
- Single-family: 28
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 15,631 (avg $58,103)
- Outflow: 15,109 (avg $58,850)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Cass County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 46901 | 199.2 | +5.44% | 2025 |
| 2 | 46970 | 189.6 | +2.02% | 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 Cass County Compares
| Metric | Cass County | Indiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $133,800 | $191,898 | $227,706 |
| Median Gross Rent | $783 | $910 | $968 |
| Owner Occupancy Rate | 74.3% | 76.3% | 73.3% |
| Price/Rent Ratio | 14.2 | 17.5 | 18.7 |
Market Analysis
The median home value in Cass County is 30.3% below the Indiana state average and 41.2% below the U.S. national average. The median rent of $783/month is 14.0% below the state average.
With a price-to-rent ratio of 14.2, buying a home in Cass County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Cass County has an owner-occupancy rate of 74.3%, 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 |
|---|---|---|---|
| Mitchell County | Kansas | $133,800 | $604 |
| Clare County | Michigan | $133,800 | $765 |
| Lake County | Michigan | $133,900 | $875 |
| Moultrie County | Illinois | $134,000 | $804 |
| Greenup County | Kentucky | $134,000 | $860 |
Other Counties in Indiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Sullivan County | $131,100 | $829 | 76.4% |
| Fayette County | $130,700 | $791 | 72.1% |
| Knox County | $137,700 | $796 | 67.8% |
| Delaware County | $139,400 | $906 | 66.5% |
| Wayne County | $140,200 | $815 | 69.2% |
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).