Adams County, Indiana Housing Market Prices
Adams County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 74% below the Indiana median Cheaper than 95% of counties in Indiana$37,419
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Median rent 22% below the Indiana median$833
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Adams County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $37,419 | $142,738 | $248,835 |
| Price Trend (Annual %) | 9.8% | 7.2% | 7.5% |
| Median Gross Rent | $833 | $1,062 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Adams County is about 74% lower than in Indiana. Rent is about 22% lower than the Indiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Adams County, up about 9.8% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Adams County rose about 53.1% between 2015 and 2024, from $544 to $833. Over the same span, rent in Indiana rose about 42.6%.
Affordability
On average, housing unit costs 0.6 yearly household incomes in Adams County.
Buying the median-priced home in Adams County costs roughly 3.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Adams County. The price-to-rent ratio in Indiana is about 11.2.
| Metric | Adams County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $37,419 | $142,738 | $248,835 |
| Median Household Income | $65,374 | $71,967 | $80,455 |
| Price-to-Income Ratio | 0.6 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Adams County fell about 54.1%, while median household income rose about 40.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Adams County | Indiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 77.8% | 64.4% | 58.5% |
| Rental Rate | 15.4% | 26.9% | 31.2% |
| Vacancy Rate | 6.8% | 8.8% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Adams County has a homeownership rate of 77.8%, higher than the Indiana average of 64.4%. Its housing vacancy rate is 6.8%, compared with 8.8% in Indiana.
Housing Stock
| Metric | Adams County | Indiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.88 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1968 | 1975 | 1978 |
| Median Number of Rooms | 6.4 | 5.9 | 5.5 |
The typical housing unit in Adams County was built around 1968. On average, 2.9 people live in a home with about 6.4 rooms, staying for about 17.0 years on average.
Adams County, IN Housing Compared With Nearby Counties
Adams County, IN is the 3rd largest of the 6 counties compared here, 36,227 residents against a local median of 28,826. Adams County, IN's median home price, at $37,419, runs 58% below the $89,611 typical of the counties around it.
The counties themselves spread $82,077 on median home price, so Adams County, IN sits at one end of an already wide local range rather than apart from it. Adams County, IN has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Adams County, IN | 36,227 | $37,419 #6/6 | $833 #2/6 | 83.5% #1/6 |
| Wells County, IN | 28,420 | $157,916 | $813 | 75.6% |
| Jay County, IN | 20,223 | $75,839 | $769 | 79.9% |
| Van Wert County, OH | 28,826 | $84,445 | $781 | 82.1% |
| Allen County, IN | 392,386 | $89,611 | $1,021 | 68.9% |
| Mercer County, OH | 42,484 | $142,672 | $804 | 79.6% |
Frequently Asked Questions
Common questions about the housing market in Adams County, Indiana.
What is the median home price in Adams County, Indiana?
The median home price in Adams County, Indiana is $37,419, lower than the Indiana average of $142,738.
What is the average home price in Adams County, Indiana?
The typical home price in Adams County, Indiana, reported as the median sale price, is $37,419. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Adams County, Indiana?
The median gross rent in Adams County, Indiana is $833 per month, lower than the Indiana average of $1,062.
What was the median gross rent in Adams County in 2020?
In 2020, the median gross rent in Adams County, Indiana was $639 per month.
What is the price-to-rent ratio in Adams County, Indiana?
The price-to-rent ratio in Adams County, Indiana is about 3.7, meaning it would take roughly 3.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Adams County.
Are home prices or rent rising faster in Adams County, Indiana?
Both home prices and rent are rising in Adams County, up about 9.8% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Adams County, Indiana?
77.8% of households in Adams County, Indiana own their home, higher than the Indiana average of 64.4%.
What is the vacancy rate in Adams County, Indiana?
The housing vacancy rate in Adams County, Indiana is 6.8%, lower than the Indiana average of 8.8%.
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