St. Joseph County, Indiana Housing Market
In St. Joseph County, Indiana, the median home value is $192,800, with a median monthly rent of $1,062. This places St. Joseph County at #1482 nationally out of 3134 counties by median home value, and #41 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: $1,207
- Establishments: 6,634
- BLS QCEW, 2025
Housing Supply
- Single-family: 377
- Multi-family: 234
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 110,536 (avg $81,464)
- Outflow: 106,802 (avg $82,244)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in St. Joseph County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 46613 | 241.4 | +8.03% | 2025 |
| 2 | 46635 | 256.9 | +8.25% | 2025 |
| 3 | 46617 | 327.1 | +4.34% | 2025 |
| 4 | 46545 | 250.5 | +7.89% | 2025 |
| 5 | 46628 | 219.1 | +5.74% | 2025 |
| 6 | 46544 | 234.0 | +3.16% | 2025 |
| 7 | 46614 | 226.0 | +4.80% | 2025 |
| 8 | 46615 | 231.8 | +1.97% | 2025 |
| 9 | 46619 | 224.8 | -2.76% | 2025 |
| 10 | 46637 | 226.9 | +2.75% | 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 St. Joseph County Compares
| Metric | St. Joseph County | Indiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $192,800 | $191,898 | $227,706 |
| Median Gross Rent | $1,062 | $910 | $968 |
| Owner Occupancy Rate | 69.0% | 76.3% | 73.3% |
| Price/Rent Ratio | 15.1 | 17.5 | 18.7 |
Market Analysis
The median home value in St. Joseph County is about equal to the Indiana state average and 15.3% below the U.S. national average. The median rent of $1,062/month is 16.7% above the state average.
With a price-to-rent ratio of 15.1, the buy-vs-rent decision in St. Joseph County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
St. Joseph County has an owner-occupancy rate of 69.0%, 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 |
|---|---|---|---|
| Beaufort County | North Carolina | $192,700 | $871 |
| Warren County | Tennessee | $192,900 | $827 |
| Lincoln County | Wisconsin | $192,700 | $755 |
| Okeechobee County | Florida | $193,000 | $1,082 |
| Kankakee County | Illinois | $192,600 | $1,097 |
Other Counties in Indiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| DeKalb County | $194,100 | $861 | 82.1% |
| Jefferson County | $194,600 | $890 | 71.8% |
| 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).