Scott County, Indiana Housing Market

In Scott County, Indiana, the median home value is $158,400, with a median monthly rent of $822. This places Scott County at #2057 nationally out of 3134 counties by median home value, and #67 within Indiana.

Median Home Value $158,400
Median Rent $822/mo
Owner Occupancy 70.9%
Price/Rent Ratio 16.1

📈 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 Scott County rose +2.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,194
jobs (private sector)
  • Avg weekly wage: $940
  • Establishments: 412
  • BLS QCEW, 2025
🏗️

Housing Supply

38
new units authorized (2025)
  • Single-family: 38
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+500
net migration (filers, 2021-2022)
  • Inflow: 9,622 (avg $55,568)
  • Outflow: 9,122 (avg $56,171)
  • IRS Statistics of Income

How Scott County Compares

MetricScott CountyIndiana AverageU.S. Average
Median Home Value $158,400 $191,898 $227,706
Median Gross Rent $822 $910 $968
Owner Occupancy Rate 70.9% 76.3% 73.3%
Price/Rent Ratio 16.1 17.5 18.7

Market Analysis

The median home value in Scott County is 17.5% below the Indiana state average and 30.4% below the U.S. national average. The median rent of $822/month is 9.7% below the state average.

With a price-to-rent ratio of 16.1, the buy-vs-rent decision in Scott County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Scott County has an owner-occupancy rate of 70.9%, 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

CountyStateMedian Home ValueMedian Rent
Jackson County Oklahoma $158,400 $842
Clark County South Dakota $158,400 $782
Tallapoosa County Alabama $158,500 $765
Peoria County Illinois $158,500 $993
Chester County South Carolina $158,300 $853

Other Counties in Indiana

CountyMedian Home ValueMedian RentOwner Occ.
Orange County $158,700 $855 78.7%
Starke County $157,700 $712 83.0%
Martin County $159,400 $697 78.5%
Wabash County $157,200 $762 80.5%
Fulton County $156,500 $839 80.1%

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).