Switzerland County, Indiana Housing Market

In Switzerland County, Indiana, the median home value is $175,800, with a median monthly rent of $758. This places Switzerland County at #1691 nationally out of 3134 counties by median home value, and #50 within Indiana.

Median Home Value $175,800
Median Rent $758/mo
Owner Occupancy 78.5%
Price/Rent Ratio 19.3

📈 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 Switzerland County rose +4.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,200
jobs (private sector)
  • Avg weekly wage: $826
  • Establishments: 130
  • BLS QCEW, 2025
🏗️

Housing Supply

81
new units authorized (2025)
  • Single-family: 81
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+298
net migration (filers, 2021-2022)
  • Inflow: 3,860 (avg $58,892)
  • Outflow: 3,562 (avg $59,233)
  • IRS Statistics of Income

How Switzerland County Compares

MetricSwitzerland CountyIndiana AverageU.S. Average
Median Home Value $175,800 $191,898 $227,706
Median Gross Rent $758 $910 $968
Owner Occupancy Rate 78.5% 76.3% 73.3%
Price/Rent Ratio 19.3 17.5 18.7

Market Analysis

The median home value in Switzerland County is 8.4% below the Indiana state average and 22.8% below the U.S. national average. The median rent of $758/month is 16.7% below the state average.

With a price-to-rent ratio of 19.3, the buy-vs-rent decision in Switzerland County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Switzerland County has an owner-occupancy rate of 78.5%, 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

CountyStateMedian Home ValueMedian Rent
Young County Texas $175,800 $862
White County Indiana $175,900 $901
Caddo Parish Louisiana $175,700 $974
Tunica County Mississippi $175,900 $977
Merrick County Nebraska $175,900 $750

Other Counties in Indiana

CountyMedian Home ValueMedian RentOwner Occ.
White County $175,900 $901 81.0%
Lawrence County $175,000 $845 80.7%
Tipton County $174,600 $842 81.4%
Union County $173,500 $760 79.8%
Jackson County $178,300 $1,004 73.2%

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).