Cass County, Indiana Housing Market Prices
Cass 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 62% below the Indiana median Cheaper than 88% of counties in Indiana$54,000
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Median rent 26% below the Indiana median Cheaper than 80% of counties in Indiana$782
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cass County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $54,000 | $142,738 | $248,835 |
| Price Trend (Annual %) | -0.7% | 7.2% | 7.5% |
| Median Gross Rent | $782 | $1,062 | $1,407 |
| Rent Trend (Annual %) | 2.8% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cass County is about 62% lower than in Indiana. Rent is about 26% lower than the Indiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Cass County: home prices fell about 0.7% a year while rent rose about 2.8% a year. That is an unusual pattern worth watching.
Median rent in Cass County rose about 26.9% between 2015 and 2024, from $617 to $783. Over the same span, rent in Indiana rose about 42.6%.
Affordability
On average, housing unit costs 0.9 yearly household incomes in Cass County.
Buying the median-priced home in Cass County costs roughly 5.8 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 Cass County. The price-to-rent ratio in Indiana is about 11.2.
| Metric | Cass County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $54,000 | $142,738 | $248,835 |
| Median Household Income | $56,927 | $71,967 | $80,455 |
| Price-to-Income Ratio | 0.9 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cass County fell about 36.8%, while median household income rose about 25.9% 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 | Cass County | Indiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.1% | 64.4% | 58.5% |
| Rental Rate | 23.6% | 26.9% | 31.2% |
| Vacancy Rate | 8.2% | 8.8% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Cass County has a homeownership rate of 68.1%, higher than the Indiana average of 64.4%. Its housing vacancy rate is 8.2%, compared with 8.8% in Indiana.
Housing Stock
| Metric | Cass County | Indiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1958 | 1975 | 1978 |
| Median Number of Rooms | 6.2 | 5.9 | 5.5 |
The typical housing unit in Cass County was built around 1958. On average, 2.4 people live in a home with about 6.2 rooms, staying for about 17.0 years on average.
Cass County, IN Housing Compared With Nearby Counties
Cass County, IN is typical in size for this group, 37,680 residents against a local median of 35,712, so the measures below are close to a like for like comparison. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Cass County, IN an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is median rent, 7% below the local median at $783 against $838. Cass County, IN has the 3rd highest median rent of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cass County, IN | 37,680 | $54,000 #3/4 | $783 #3/4 | 74.3% #3/4 |
| Miami County, IN | 35,712 | $57,177 | $838 | 76.2% |
| Howard County, IN | 83,752 | $29,604 | $937 | 70.6% |
| Pulaski County, IN | 12,441 | $120,075 | $772 | 74.6% |
Frequently Asked Questions
Common questions about the housing market in Cass County, Indiana.
What is the median home price in Cass County, Indiana?
The median home price in Cass County, Indiana is $54,000, lower than the Indiana average of $142,738.
What is the average home price in Cass County, Indiana?
The typical home price in Cass County, Indiana, reported as the median sale price, is $54,000. 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 Cass County, Indiana?
The median gross rent in Cass County, Indiana is $783 per month, lower than the Indiana average of $1,062.
What was the median gross rent in Cass County in 2020?
In 2020, the median gross rent in Cass County, Indiana was $660 per month.
What is the price-to-rent ratio in Cass County, Indiana?
The price-to-rent ratio in Cass County, Indiana is about 5.8, meaning it would take roughly 5.8 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 Cass County.
Are home prices or rent rising faster in Cass County, Indiana?
Home prices and rent are moving in opposite directions in Cass County: home prices fell about 0.7% a year while rent rose about 2.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Cass County, Indiana?
68.1% of households in Cass County, Indiana own their home, higher than the Indiana average of 64.4%.
What is the vacancy rate in Cass County, Indiana?
The housing vacancy rate in Cass County, Indiana is 8.2%, lower than the Indiana average of 8.8%.
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