LaGrange County, Indiana Housing Market Prices
LaGrange 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 15% below the Indiana median$121,830
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Median rent 21% below the Indiana median$838
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | LaGrange County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $121,830 | $142,738 | $248,835 |
| Price Trend (Annual %) | -1.4% | 7.2% | 7.5% |
| Median Gross Rent | $838 | $1,062 | $1,407 |
| Rent Trend (Annual %) | 2.4% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in LaGrange County is about 15% 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 LaGrange County: home prices fell about 1.4% a year while rent rose about 2.4% a year. That is an unusual pattern worth watching.
Median rent in LaGrange County rose about 26.2% between 2015 and 2024, from $664 to $838. Over the same span, rent in Indiana rose about 42.6%.
Affordability
On average, housing unit costs 1.5 yearly household incomes in LaGrange County.
Buying the median-priced home in LaGrange County costs roughly 12.1 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 LaGrange County. The price-to-rent ratio in Indiana is about 11.2.
| Metric | LaGrange County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $121,830 | $142,738 | $248,835 |
| Median Household Income | $83,276 | $71,967 | $80,455 |
| Price-to-Income Ratio | 1.5 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in LaGrange County rose about 8.2%, while median household income rose about 57.7% 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 | LaGrange County | Indiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.7% | 64.4% | 58.5% |
| Rental Rate | 14.5% | 26.9% | 31.2% |
| Vacancy Rate | 14.9% | 8.8% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
LaGrange County has a homeownership rate of 70.7%, higher than the Indiana average of 64.4%. Its housing vacancy rate is 14.9%, compared with 8.8% in Indiana.
Housing Stock
| Metric | LaGrange County | Indiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.14 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1978 | 1975 | 1978 |
| Median Number of Rooms | 6.5 | 5.9 | 5.5 |
The typical housing unit in LaGrange County was built around 1978. On average, 3.1 people live in a home with about 6.5 rooms, staying for about 15.0 years on average.
LaGrange County, IN Housing Compared With Nearby Counties
LaGrange County, IN is the smallest of the 5 counties compared here, 40,805 residents against a local median of 54,232. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes LaGrange County, IN an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is homeownership, 8% above the local median at 83.0% against 76.6%. LaGrange County, IN has the highest homeownership of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| LaGrange County, IN | 40,805 | $121,830 #3/5 | $838 #4/5 | 83.0% #1/5 |
| Noble County, IN | 47,495 | $79,285 | $832 | 77.1% |
| St. Joseph County, MI | 60,969 | $165,178 | $849 | 76.1% |
| Elkhart County, IN | 207,132 | $152,902 | $1,047 | 71.6% |
| Branch County, MI | 45,300 | $97,058 | $958 | 77.7% |
Frequently Asked Questions
Common questions about the housing market in LaGrange County, Indiana.
What is the median home price in LaGrange County, Indiana?
The median home price in LaGrange County, Indiana is $121,830, lower than the Indiana average of $142,738.
What is the average home price in LaGrange County, Indiana?
The typical home price in LaGrange County, Indiana, reported as the median sale price, is $121,830. 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 LaGrange County, Indiana?
The median gross rent in LaGrange County, Indiana is $838 per month, lower than the Indiana average of $1,062.
What was the median gross rent in LaGrange County in 2020?
In 2020, the median gross rent in LaGrange County, Indiana was $729 per month.
What is the price-to-rent ratio in LaGrange County, Indiana?
The price-to-rent ratio in LaGrange County, Indiana is about 12.1, meaning it would take roughly 12.1 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 LaGrange County.
Are home prices or rent rising faster in LaGrange County, Indiana?
Home prices and rent are moving in opposite directions in LaGrange County: home prices fell about 1.4% a year while rent rose about 2.4% a year. That is an unusual pattern worth watching.
What is the homeownership rate in LaGrange County, Indiana?
70.7% of households in LaGrange County, Indiana own their home, higher than the Indiana average of 64.4%.
What is the vacancy rate in LaGrange County, Indiana?
The housing vacancy rate in LaGrange County, Indiana is 14.9%, higher than the Indiana average of 8.8%.
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