Henry County, IN Average Home Price (2026)
The average home price in Henry County, Indiana is about $213,000 (the 2026 median across 12 ZIP codes, at ~$132/sq ft) — 9% more affordable than the Indiana median and 26% more affordable than the typical U.S. home.
How Henry County compares
Henry County is relatively affordable for housing nationally: its typical home costs $213,000 against $234,000 for Indiana and $289,000 for the U.S. Within the county, ZIP-level values run from about $158,000 to $261,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Henry County | $213,000 | $132 |
| Indiana | $234,000 | $154 |
| United States | $289,000 | $193 |
Henry County home prices by ZIP code
The 12 most valuable ZIP codes in Henry County (of 12 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 47386 Springport | $261,000 | $121 | +23% |
| 47360 Mooreland | $255,000 | $159 | +20% |
| 47356 Middletown | $244,000 | $129 | +15% |
| 47384 Shirley | $230,000 | $200 | +8% |
| 46148 Knightstown | $223,000 | $160 | +5% |
| 47352 Lewisville | $217,000 | $123 | +2% |
| 47385 Spiceland | $209,000 | $147 | -2% |
| 47387 Straughn | $196,000 | $91 | -8% |
| 47362 New Castle | $168,000 | $114 | -21% |
| 47388 Sulphur Springs | $168,000 | $97 | -21% |
| 47361 Mount Summit | $159,000 | $134 | -25% |
| 47351 Shirley | $158,000 | $152 | -26% |
Home value appreciation in Henry County
Home prices in Henry County have risen about 97% over the last 10 years (≈7.0% a year) and +77.1% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +2.1% — still rising. A home worth $213,000 today was worth roughly $108,397 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Indiana is +94.5% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Henry County
Run the numbers for Henry County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Henry County
To buy the typical $213,000 home in Henry County with 20% down, you need a household income of roughly $58,000 a year (about $1,350 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $69,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $10,700 | $1,680/mo | $72,000/yr |
| 10% (+PMI) | $21,300 | $1,610/mo | $69,000/yr |
| 20% | $42,600 | $1,350/mo | $58,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Henry County
At about $132 per square foot, here is roughly how much home different budgets get you in Henry County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1140 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1520 sq ft | around the typical home here |
| $250k | 1890 sq ft | around the typical home here |
| $300k | 2270 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 3030 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Indiana.
Estimate a specific home in Henry County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Henry County home prices: frequently asked
What is the average home price in Henry County, IN? +
What salary do you need to buy a house in Henry County? +
Which part of Henry County is most expensive? +
Are home values in Henry County going up? +
Browse all Indiana cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.