Fulton County, Indiana Housing Market Prices
Fulton 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 77% below the Indiana median Among the top 5 cheapest counties in Indiana$32,777
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Median rent 21% below the Indiana median$839
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Fulton County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $32,777 | $142,738 | $248,835 |
| Price Trend (Annual %) | -3.7% | 7.2% | 7.5% |
| Median Gross Rent | $839 | $1,062 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Fulton County is about 77% lower than in Indiana. Rent is about 21% 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 Fulton County: home prices fell about 3.7% a year while rent rose about 3.8% a year. That is an unusual pattern worth watching.
Median rent in Fulton County rose about 36.2% between 2015 and 2024, from $616 to $839. Over the same span, rent in Indiana rose about 42.6%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Fulton County.
Buying the median-priced home in Fulton County costs roughly 3.3 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 Fulton County. The price-to-rent ratio in Indiana is about 11.2.
| Metric | Fulton County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $32,777 | $142,738 | $248,835 |
| Median Household Income | $61,794 | $71,967 | $80,455 |
| Price-to-Income Ratio | 0.5 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Fulton County fell about 60.1%, while median household income rose about 41.6% 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 | Fulton County | Indiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.3% | 64.4% | 58.5% |
| Rental Rate | 16.7% | 26.9% | 31.2% |
| Vacancy Rate | 16.0% | 8.8% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Fulton County has a homeownership rate of 67.3%, higher than the Indiana average of 64.4%. Its housing vacancy rate is 16.0%, compared with 8.8% in Indiana.
Housing Stock
| Metric | Fulton County | Indiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1963 | 1975 | 1978 |
| Median Number of Rooms | 5.9 | 5.9 | 5.5 |
The typical housing unit in Fulton County was built around 1963. On average, 2.5 people live in a home with about 5.9 rooms, staying for about 17.0 years on average.
Fulton County, IN Housing Compared With Nearby Counties
Fulton County, IN is the 5th largest of the 6 counties compared here, 20,312 residents against a local median of 37,680. Where Fulton County, IN breaks from the counties next to it is median home price, sitting 73% below the local median of $120,075 at $32,777.
The counties themselves spread $110,062 on median home price, so Fulton County, IN sits at one end of an already wide local range rather than apart from it. Fulton County, IN has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Fulton County, IN | 20,312 | $32,777 #6/6 | $839 #3/6 | 80.1% #1/6 |
| Marshall County, IN | 46,284 | $164,062 | $938 | 76.4% |
| Cass County, IN | 37,680 | $54,000 | $783 | 74.3% |
| Miami County, IN | 35,712 | $57,177 | $838 | 76.2% |
| Pulaski County, IN | 12,441 | $120,075 | $772 | 74.6% |
| Kosciusko County, IN | 80,442 | $130,500 | $1,043 | 77.0% |
Frequently Asked Questions
Common questions about the housing market in Fulton County, Indiana.
What is the median home price in Fulton County, Indiana?
The median home price in Fulton County, Indiana is $32,777, lower than the Indiana average of $142,738.
What is the average home price in Fulton County, Indiana?
The typical home price in Fulton County, Indiana, reported as the median sale price, is $32,777. 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 Fulton County, Indiana?
The median gross rent in Fulton County, Indiana is $839 per month, lower than the Indiana average of $1,062.
What was the median gross rent in Fulton County in 2020?
In 2020, the median gross rent in Fulton County, Indiana was $691 per month.
What is the price-to-rent ratio in Fulton County, Indiana?
The price-to-rent ratio in Fulton County, Indiana is about 3.3, meaning it would take roughly 3.3 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 Fulton County.
Are home prices or rent rising faster in Fulton County, Indiana?
Home prices and rent are moving in opposite directions in Fulton County: home prices fell about 3.7% a year while rent rose about 3.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Fulton County, Indiana?
67.3% of households in Fulton County, Indiana own their home, higher than the Indiana average of 64.4%.
What is the vacancy rate in Fulton County, Indiana?
The housing vacancy rate in Fulton County, Indiana is 16.0%, higher than the Indiana average of 8.8%.
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