The 10 Best Places To Buy A House In Indiana For 2021


Using science and data, we can tell you which places in Indiana have seen home prices rising and people flocking over the past year.

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Editor’s note: This is not investment advice and we are not financial advisers. Article updated for 2021.

There's a the age old question everyone thinks about when they decide to move to a city in Indiana:

Should I buy a place or rent? Well, we aren't here today to solve that problem for you exactly. We are just assuming you'll do the right thing and a buy a place. And while we are happy to tell you the best place to live in Indiana, this analysis is going to tackle the question of the best place to buy a house as an investor. That is we are going to try and determine the up and coming cities in the Hoosier State.

To do that we are going to look at places in Indiana that are growing faster than average, but where home prices are below average. In every day terms, the "deals". The best deal in Indiana at the moment? That would be Linton according to our analysis.

Here's a look at the top ten places to buy a home in Indiana for 2021.

What's the best place to buy a home in Indiana for 2021? According to our analysis, would the the ideal place to buy a home looking into the future.

The methodology that wen't into this can be a bit complicated, so we'll break it down for you in as much detail as we can below. If you're not worried about finding a deal on good places to live, check out the most expensive places to live in Indiana and, for those of you on a budget, the cheapest places to live in Indiana.

For more Indiana reading, check out:

The 10 Best Cities To Buy A House In Indiana For 2021

Linton, IN

Source: Public domain
Overall SnackAbility

4
/10

Population: 5,244
Median Home Price: $67,600
Population Change: -0.3%
Home Price Change: 2.7%
More on Linton: PhotosHomes For Sale | Data

Monticello, IN

Source: Public domain
Overall SnackAbility

5
/10

Population: 5,262
Median Home Price: $95,900
Population Change: -0.4%
Home Price Change: 1.1%
More on Monticello: PhotosHomes For Sale | Data

Winfield, IN

Overall SnackAbility

6
/10

Population: 5,705
Median Home Price: $282,000
Population Change: 2.9%
Home Price Change: 1.0%
More on Winfield: PhotosHomes For Sale | Data

North Manchester, IN

Source: Public domain
Overall SnackAbility

5
/10

Population: 5,710
Median Home Price: $94,900
Population Change: -3.5%
Home Price Change: 3.4%
More on North Manchester: PhotosHomes For Sale | Data

Cumberland, IN

Source: Public domain
Overall SnackAbility

6
/10

Population: 5,718
Median Home Price: $156,300
Population Change: -1.3%
Home Price Change: 17.3%
More on Cumberland: PhotosHomes For Sale | Data

Gas City, IN

Source: Public domain
Overall SnackAbility

5
/10

Population: 5,802
Median Home Price: $88,600
Population Change: -0.7%
Home Price Change: 7.9%
More on Gas City: PhotosHomes For Sale | Data

Hartford City, IN

Source: Public domain
Overall SnackAbility

6
/10

Population: 5,831
Median Home Price: $60,500
Population Change: -1.7%
Home Price Change: 2.4%
More on Hartford City: PhotosHomes For Sale | Data

Westville, IN

Overall SnackAbility

7
/10

Population: 5,848
Median Home Price: $129,100
Population Change: -7.8%
Home Price Change: 37.8%
More on Westville: PhotosHomes For Sale | Data

Portland, IN

Overall SnackAbility

5
/10

Population: 5,886
Median Home Price: $71,100
Population Change: -1.8%
Home Price Change: 1.7%
More on Portland: PhotosHomes For Sale | Data

Rochester, IN

Overall SnackAbility

5
/10

Population: 6,045
Median Home Price: $103,100
Population Change: 0.0%
Home Price Change: 19.5%
More on Rochester: PhotosHomes For Sale | Data

How do you determine the best places to buy a home in Indiana for 2021?

We were in real estate for almost five years and have been working on this site for another three. Suffice is to say, we've put a lot of thought into what goes into finding a good place to buy a home.

So all that thinking has come to this moment where we get to spell out how we'd approach finding an up-and-coming place to live in Indiana. Put differently, the analysis will try to find places in Indiana with undervalued homes relative to pent up demand.

To do that we looked at the most recent American Community Survey Census data for 2015-2019 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:

  • Y-o-Y Change In Population (People want to live here)
  • Y-o-Y Change In Median Home Prices (People are willing to pay for it)
  • Home Prices Relative To The State Average (It's still kinda cheap)

We want places that are growing, have seen home prices increase in recent years, and are still "cheap" for Indiana with the following caveats:

So of the 0 cities and towns in Indiana, only 117 places made it through our initial filters to even be considered.

We then ranked each place from 1 to 117 for the criteria mentioned above with 1 being the best for that criteria. We averaged the rankings to create a "best place to buy" index with the place having the lowest index being the best. You can download the data here.

Turns out that Linton is the best potential gem in the not-so-rough in the Hoosier State.

Read on for more on these places.

There You Have It - The Best Places To Purchase A House In Indiana for 2021

There's our analysis of the best places to buy a house in Indiana. And, to be clear, we aren't necessarily saying these places are the best places to live, just that it looks like they might be in a couple of years based on the data.

In fact, every place in the following table meets our criteria, so even though it may not look super long, remember we started off with all 0 places in the state.

So if we'd could rent or buy in these cities, we'd definitely buy.

For more Indiana reading, check out:

Detailed List Of The Best Places To Buy A Home In Indiana

City Rank Median Home Price Population Change Home Price Increase
Linton 1 $67,600 -0.3% 2.7%
Monticello 2 $95,900 -0.4% 1.1%
Winfield 3 $282,000 2.9% 1.0%
North Manchester 4 $94,900 -3.5% 3.4%
Cumberland 5 $156,300 -1.3% 17.3%
Gas City 6 $88,600 -0.7% 7.9%
Hartford City 7 $60,500 -1.7% 2.4%
Westville 8 $129,100 -7.8% 37.8%
Portland 9 $71,100 -1.8% 1.7%
Rochester 10 $103,100 0.0% 19.5%
Rushville 11 $88,900 -1.6% 2.4%
New Whiteland 12 $97,100 1.6% 1.7%
Salem 13 $82,600 -0.1% -1.4%
Boonville 14 $93,800 -0.7% 3.9%
Rensselaer 15 $115,700 9.8% 0.7%
Huntingburg 16 $98,200 -1.7% 2.3%
Mount Vernon 17 $123,200 1.1% 16.7%
Ellettsville 18 $137,200 0.6% 9.0%
Batesville 19 $167,700 1.5% 1.9%
Garrett 20 $98,000 -0.2% 7.0%
Scottsburg 21 $101,200 0.1% 4.5%
North Vernon 22 $93,500 1.1% 3.1%
Hunte 23 $168,700 0.0% 3.4%
Mccordsville 24 $230,000 5.1% 3.0%
Nappanee 25 $123,200 2.3% 5.4%
Bargersville 26 $219,100 1.9% 6.6%
Tell City 27 $101,700 -0.2% 6.5%
Charlestown 28 $136,500 0.8% 18.1%
Whitestown 29 $225,000 15.1% 3.5%
Brazil 30 $83,100 1.1% 5.6%
Elwood 31 $68,800 -0.1% 7.5%
Angola 32 $131,100 0.2% 7.9%
Princeton 33 $96,900 0.7% 14.3%
Sellersburg 34 $154,300 0.6% -0.3%
Columbia City 35 $125,200 0.4% 12.4%
Kendallville 36 $99,600 -1.8% 2.6%
Lowell 37 $167,000 1.2% 3.3%
Mooresville 38 $138,600 0.6% 7.5%
Decatur 39 $97,700 -4.5% 4.9%
Bluffton 40 $100,300 0.6% 7.0%
Danville 41 $161,900 1.3% 2.0%
Plymouth 42 $93,600 0.6% 0.2%
Wabash 43 $82,400 -0.9% 5.2%
Greencastle 44 $105,700 -1.6% 5.7%
Yor 45 $141,900 -0.3% 4.1%
Greensburg 46 $120,800 -4.1% 7.6%
Peru 47 $61,200 1.1% -1.0%
Martinsville 48 $98,500 -0.1% 1.1%
Madison 49 $133,000 -0.6% 3.9%
Lake Station 50 $84,400 -0.5% 3.4%
Speedway 51 $122,000 0.6% 2.2%
Washington 52 $86,300 2.8% 1.8%
Cedar Lake 53 $182,600 2.0% 5.8%
Auburn 54 $119,700 -0.8% 4.5%
Connersville 55 $71,500 0.7% 0.7%
Bedford 56 $94,800 -0.1% 3.7%
Chesterton 57 $190,400 1.6% 3.3%
Beech Grove 58 $101,600 0.5% 2.8%
Warsaw 59 $135,200 2.6% 5.2%
Frankfort 60 $83,400 -3.4% 4.0%
Jasper 61 $155,300 0.4% 0.8%
Lebanon 62 $124,500 0.7% 8.0%
Dyer 63 $212,400 -0.3% 1.9%
Crawfordsville 64 $107,500 0.2% 10.6%
Griffith 65 $141,700 -0.9% 2.9%
New Haven 66 $103,400 1.4% 4.0%
Huntington 67 $81,800 -0.5% 2.8%
New Castle 68 $73,300 -0.7% 1.4%
Vincennes 69 $77,700 -1.7% 3.6%
St. John 70 $290,200 3.5% 2.5%
Avon 71 $210,600 1.7% 6.1%
Logansport 72 $66,800 -1.0% 1.7%
Shelbyville 73 $102,100 0.3% 3.0%
Seymour 74 $119,800 1.4% 7.7%
Clarksville 75 $119,300 1.0% 4.6%
La Porte 76 $99,300 -1.4% 4.3%
Greenfield 77 $139,000 1.3% 2.8%
Highland 78 $161,100 -0.7% 2.9%
Munster 79 $228,400 -0.7% 2.6%
Franklin 80 $129,200 1.2% 5.0%
Brownsburg 81 $195,700 3.1% 12.9%
Zionsville 82 $385,700 4.8% 4.4%
Marion 83 $67,800 -0.6% 2.9%
Hobart 84 $142,700 -0.9% 4.2%
East Chicago 85 $74,500 -0.9% 0.8%
Schererville 86 $222,400 -0.4% 4.5%
Crown Point 87 $194,600 1.6% 5.1%
Michigan City 88 $89,900 -0.4% 0.8%
Plainfield 89 $170,400 2.6% 4.5%
Valparaiso 90 $185,800 1.3% 6.1%
Goshen 91 $121,100 0.6% 5.4%
Merrillville 92 $136,100 -0.4% 3.0%
Richmond 93 $88,400 -0.3% 3.2%
New Albany 94 $122,800 0.4% 4.9%
Portage 95 $152,500 -0.6% 5.2%
Westfield 96 $254,800 4.9% 5.1%
Jeffersonville 97 $136,900 1.1% 2.5%
Columbus 98 $166,200 2.0% 6.3%
West Lafayette 99 $224,000 2.8% 3.1%
Lawrence 100 $148,700 0.6% 5.2%

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.