Harrison County, Indiana Housing Market
In Harrison County, Indiana, the median home value is $229,600, with a median monthly rent of $836. This places Harrison County at #1083 nationally out of 3134 counties by median home value, and #19 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: $996
- Establishments: 738
- BLS QCEW, 2025
Housing Supply
- Single-family: 139
- Multi-family: 20
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,594 (avg $71,678)
- Outflow: 15,924 (avg $69,579)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Harrison County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 47112 | 225.1 | +4.81% | 2025 |
| 2 | 47161 | 223.3 | +4.27% | 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 Harrison County Compares
| Metric | Harrison County | Indiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $229,600 | $191,898 | $227,706 |
| Median Gross Rent | $836 | $910 | $968 |
| Owner Occupancy Rate | 83.6% | 76.3% | 73.3% |
| Price/Rent Ratio | 22.9 | 17.5 | 18.7 |
Market Analysis
The median home value in Harrison County is 19.6% above the Indiana state average and 0.8% above the U.S. national average. The median rent of $836/month is 8.1% below the state average.
With a price-to-rent ratio of 22.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Harrison County has an owner-occupancy rate of 83.6%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Baltimore city | Maryland | $229,600 | $1,331 |
| Cole County | Missouri | $229,600 | $834 |
| Grant County | Oregon | $229,700 | $789 |
| Lincoln County | Tennessee | $229,700 | $857 |
| Simpson County | Kentucky | $229,400 | $1,012 |
Other Counties in Indiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Dubois County | $230,100 | $834 | 74.7% |
| Lake County | $230,600 | $1,131 | 71.7% |
| Bartholomew County | $232,800 | $1,127 | 69.3% |
| Marion County | $224,000 | $1,153 | 56.5% |
| Clark County | $222,900 | $1,129 | 74.7% |
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).