Sullivan County, IN Average Home Price (2026)

The average home price in Sullivan County, Indiana is about $152,500 (the 2026 median across 8 ZIP codes, at ~$98/sq ft) — 35% more affordable than the Indiana median and 47% more affordable than the typical U.S. home.

$152,500
Median home value
$98
Median price / sq ft
8
ZIP codes with data
-35%
vs Indiana median

How Sullivan County compares

Sullivan County is relatively affordable for housing nationally: its typical home costs $152,500 against $234,000 for Indiana and $289,000 for the U.S. Within the county, ZIP-level values run from about $71,000 to $179,000.

AreaTypical value$ / sq ft
Sullivan County$152,500$98
Indiana$234,000$154
United States$289,000$193

Sullivan County home prices by ZIP code

The 8 most valuable ZIP codes in Sullivan County (of 8 with data):

ZIP codeTypical value$ / sq ftvs county
47849 Fairbanks$179,000$134+17%
47882 Sullivan$176,000$97+15%
47850 Farmersburg$153,000$107+0%
47879 Shelburn$153,000$170+0%
47838 Carlisle$152,000$71+0%
47848 Dugger$133,000$98-13%
47861 Merom$133,000$72-13%
47855 Hymera$71,000$93-53%

Home value appreciation in Sullivan County

Home prices in Sullivan County have risen about 91% over the last 10 years (≈6.7% a year) and +103.2% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +17.3% — still rising. A home worth $152,500 today was worth roughly $80,052 ten years ago.

+17.3%
1-year change
+65.5%
5-year change
+90.5%
10-year change
+103.2%
20-year change

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 Sullivan County

Run the numbers for Sullivan County with the local rates already filled in — change any input to test your own situation.

Salary needed to buy a home in Sullivan County

To buy the typical $152,500 home in Sullivan County with 20% down, you need a household income of roughly $41,000 a year (about $970 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $49,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$7,600$1,200/mo$52,000/yr
10% (+PMI)$15,300$1,150/mo$49,000/yr
20%$30,500$970/mo$41,000/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 Sullivan County

At about $98 per square foot, here is roughly how much home different budgets get you in Sullivan County:

BudgetApprox. sizeWhat that looks like locally
$150k1530 sq ftaround the typical home here
$200k2040 sq ftabove the median — larger homes or the pricier ZIPs
$250k2550 sq ftabove the median — larger homes or the pricier ZIPs
$300k3060 sq ftabove 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 Sullivan County

Enter your ZIP and size for an instant estimate tailored to your exact area:

Sullivan County home prices: frequently asked

What is the average home price in Sullivan County, IN? +
The typical home in Sullivan County, Indiana is worth about $152,500 as of 2026 (the median across its 8 ZIP codes with data), at roughly $98 per square foot — 35% more affordable than the Indiana median of $234,000 and 47% more affordable than the U.S. median.
What salary do you need to buy a house in Sullivan County? +
For the typical $152,500 home in Sullivan County, a household income of about $41,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $49,000; with 5% down about $52,000.
Which part of Sullivan County is most expensive? +
Among the ZIP codes we track, 47849 (Fairbanks) is the priciest at about $179,000 and 47855 (Hymera) the most affordable at about $71,000 — a 2.5× spread inside one county.
Are home values in Sullivan County going up? +
Over the last 10 years home prices in Sullivan County changed about +90.5% (≈6.7% a year), and +17.3% in the latest year, according to the FHFA house price index through 2025. Over 20 years: +103.2%. Past gains are not a guarantee of future ones.

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.