Pike County, Indiana Housing Market
In Pike County, Indiana, the median home value is $154,900, with a median monthly rent of $739. This places Pike County at #2140 nationally out of 3134 counties by median home value, and #72 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: $1,445
- Establishments: 194
- BLS QCEW, 2025
Migration Patterns
- Inflow: 4,850 (avg $64,180)
- Outflow: 4,715 (avg $64,747)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Pike County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 47567 | 240.9 | +19.37% | 2025 |
| 2 | 47598 | 232.8 | +5.37% | 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 Pike County Compares
| Metric | Pike County | Indiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $154,900 | $191,898 | $227,706 |
| Median Gross Rent | $739 | $910 | $968 |
| Owner Occupancy Rate | 86.7% | 76.3% | 73.3% |
| Price/Rent Ratio | 17.5 | 17.5 | 18.7 |
Market Analysis
The median home value in Pike County is 19.3% below the Indiana state average and 32.0% below the U.S. national average. The median rent of $739/month is 18.8% below the state average.
With a price-to-rent ratio of 17.5, the buy-vs-rent decision in Pike County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Pike County has an owner-occupancy rate of 86.7%, 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 |
|---|---|---|---|
| De Soto Parish | Louisiana | $154,900 | $687 |
| Allegany County | Maryland | $154,900 | $805 |
| Ogemaw County | Michigan | $154,900 | $823 |
| Broome County | New York | $154,900 | $941 |
| Belmont County | Ohio | $154,900 | $793 |
Other Counties in Indiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Henry County | $154,400 | $820 | 76.2% |
| Pulaski County | $156,400 | $772 | 74.6% |
| Fulton County | $156,500 | $839 | 80.1% |
| Greene County | $153,200 | $797 | 77.0% |
| Clay County | $153,000 | $873 | 80.9% |
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).