Posey County, Indiana Housing Market Prices
Posey 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 73% below the Indiana median Cheaper than 93% of counties in Indiana$38,071
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Median rent 26% below the Indiana median Cheaper than 81% of counties in Indiana$781
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Posey County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $38,071 | $142,738 | $248,835 |
| Price Trend (Annual %) | -5.9% | 7.2% | 7.5% |
| Median Gross Rent | $781 | $1,062 | $1,407 |
| Rent Trend (Annual %) | 1.7% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Posey County is about 73% 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 Posey County: home prices fell about 5.9% a year while rent rose about 1.7% a year. That is an unusual pattern worth watching.
Median rent in Posey County rose about 17.4% between 2015 and 2024, from $665 to $781. Over the same span, rent in Indiana rose about 42.6%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Posey County.
Buying the median-priced home in Posey County costs roughly 4.1 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 Posey County. The price-to-rent ratio in Indiana is about 11.2.
| Metric | Posey County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $38,071 | $142,738 | $248,835 |
| Median Household Income | $80,859 | $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 Posey County fell about 11.0%, while median household income rose about 29.5% 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 | Posey County | Indiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 78.1% | 64.4% | 58.5% |
| Rental Rate | 16.8% | 26.9% | 31.2% |
| Vacancy Rate | 5.2% | 8.8% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Posey County has a homeownership rate of 78.1%, higher than the Indiana average of 64.4%. Its housing vacancy rate is 5.2%, compared with 8.8% in Indiana.
Housing Stock
| Metric | Posey County | Indiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.36 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1974 | 1975 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Posey County was built around 1974. On average, 2.4 people live in a home with about 6.0 rooms, staying for about 17.0 years on average.
Posey County, IN Housing Compared With Nearby Counties
How Posey County, IN compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Posey County, IN | 25,116 | $38,071 #3/3 | $781 #2/3 | 82.3% #1/3 |
| Vanderburgh County, IN | 180,116 | $95,517 | $984 | 65.0% |
| Henderson County, KY | 44,257 | $57,499 | $777 | 64.9% |
Frequently Asked Questions
Common questions about the housing market in Posey County, Indiana.
What is the median home price in Posey County, Indiana?
The median home price in Posey County, Indiana is $38,071, lower than the Indiana average of $142,738.
What is the average home price in Posey County, Indiana?
The typical home price in Posey County, Indiana, reported as the median sale price, is $38,071. 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 Posey County, Indiana?
The median gross rent in Posey County, Indiana is $781 per month, lower than the Indiana average of $1,062.
What was the median gross rent in Posey County in 2020?
In 2020, the median gross rent in Posey County, Indiana was $666 per month.
What is the price-to-rent ratio in Posey County, Indiana?
The price-to-rent ratio in Posey County, Indiana is about 4.1, meaning it would take roughly 4.1 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 Posey County.
Are home prices or rent rising faster in Posey County, Indiana?
Home prices and rent are moving in opposite directions in Posey County: home prices fell about 5.9% a year while rent rose about 1.7% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Posey County, Indiana?
78.1% of households in Posey County, Indiana own their home, higher than the Indiana average of 64.4%.
What is the vacancy rate in Posey County, Indiana?
The housing vacancy rate in Posey County, Indiana is 5.2%, lower than the Indiana average of 8.8%.
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