DeKalb County, Indiana Housing Market

In DeKalb County, Indiana, the median home value is $194,100, with a median monthly rent of $861. This places DeKalb County at #1464 nationally out of 3134 counties by median home value, and #40 within Indiana.

Median Home Value $194,100
Median Rent $861/mo
Owner Occupancy 82.1%
Price/Rent Ratio 18.8

📈 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 DeKalb County rose +6.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

19,540
jobs (private sector)
  • Avg weekly wage: $1,281
  • Establishments: 1,079
  • BLS QCEW, 2025
🏗️

Housing Supply

114
new units authorized (2025)
  • Single-family: 96
  • Multi-family: 18
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+838
net migration (filers, 2021-2022)
  • Inflow: 18,584 (avg $75,010)
  • Outflow: 17,746 (avg $75,900)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 8 active ZIP codes in DeKalb County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 46705 228.4 — 2025
2 46747 273.5 +5.37% 2025
3 46793 215.2 +8.78% 2025
4 46742 283.8 +10.42% 2025
5 46721 250.9 +10.18% 2025
6 46755 208.0 +4.88% 2025
7 46738 198.6 -8.79% 2025
8 46710 220.7 +1.82% 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.

How DeKalb County Compares

MetricDeKalb CountyIndiana AverageU.S. Average
Median Home Value $194,100 $191,898 $227,706
Median Gross Rent $861 $910 $968
Owner Occupancy Rate 82.1% 76.3% 73.3%
Price/Rent Ratio 18.8 17.5 18.7

Market Analysis

The median home value in DeKalb County is 1.1% above the Indiana state average and 14.8% below the U.S. national average. The median rent of $861/month is 5.4% below the state average.

With a price-to-rent ratio of 18.8, the buy-vs-rent decision in DeKalb County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

DeKalb County has an owner-occupancy rate of 82.1%, 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
Shawano County Wisconsin $194,000 $821
Garland County Arkansas $194,300 $966
Muscogee County Georgia $193,900 $1,106
Iowa County Iowa $193,900 $686
Lafourche Parish Louisiana $193,900 $928

Other Counties in Indiana

CountyMedian Home ValueMedian RentOwner Occ.
Jefferson County $194,600 $890 71.8%
St. Joseph County $192,800 $1,062 69.0%
LaPorte County $195,500 $976 74.7%
Noble County $196,800 $832 77.1%
Daviess County $197,200 $847 72.4%

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).