Johnson County, Indiana Housing Market
In Johnson County, Indiana, the median home value is $284,600, with a median monthly rent of $1,271. This places Johnson County at #705 nationally out of 3134 counties by median home value, and #5 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: $1,007
- Establishments: 4,231
- BLS QCEW, 2025
Housing Supply
- Single-family: 980
- Multi-family: 108
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 68,875 (avg $88,111)
- Outflow: 65,299 (avg $89,260)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 7 active ZIP codes in Johnson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 46184 | 238.6 | +9.33% | 2025 |
| 2 | 46259 | 223.0 | +5.11% | 2025 |
| 3 | 46143 | 237.3 | +4.81% | 2025 |
| 4 | 46131 | 231.4 | +4.72% | 2025 |
| 5 | 46106 | 230.4 | +1.68% | 2025 |
| 6 | 46151 | 225.3 | +4.84% | 2025 |
| 7 | 46142 | 218.2 | +3.21% | 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 Johnson County Compares
| Metric | Johnson County | Indiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $284,600 | $191,898 | $227,706 |
| Median Gross Rent | $1,271 | $910 | $968 |
| Owner Occupancy Rate | 72.7% | 76.3% | 73.3% |
| Price/Rent Ratio | 18.7 | 17.5 | 18.7 |
Market Analysis
The median home value in Johnson County is 48.3% above the Indiana state average and 25.0% above the U.S. national average. The median rent of $1,271/month is 39.7% above the state average.
With a price-to-rent ratio of 18.7, the buy-vs-rent decision in Johnson County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Johnson County has an owner-occupancy rate of 72.7%, compared to 76.3% in Indiana and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Cassia County | Idaho | $284,600 | $1,000 |
| Madison County | North Carolina | $284,600 | $780 |
| Jackson County | North Carolina | $284,700 | $904 |
| Millard County | Utah | $284,700 | $882 |
| Williams County | North Dakota | $284,800 | $1,123 |
Other Counties in Indiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Monroe County | $285,200 | $1,193 | 54.0% |
| Porter County | $281,500 | $1,219 | 77.7% |
| Hancock County | $274,800 | $1,203 | 79.5% |
| Brown County | $269,100 | $895 | 86.6% |
| Hendricks County | $307,600 | $1,436 | 78.2% |
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).