St. Joseph County, Indiana Housing Market Prices
St. Joseph 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$121,815
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Median rent About the same as the Indiana median More expensive than 87% of counties in Indiana$1,062
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | St. Joseph County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $121,815 | $142,738 | $248,835 |
| Price Trend (Annual %) | 7.8% | 7.2% | 7.5% |
| Median Gross Rent | $1,062 | $1,062 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in St. Joseph County is about 15% lower than in Indiana. Rent follows a similar pattern, running close to 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 St. Joseph County, up about 7.8% and 5.0% a year respectively. Home prices are changing faster.
Median rent in St. Joseph County rose about 47.8% between 2015 and 2024, from $719 to $1,062. Over the same span, rent in Indiana rose about 42.6%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in St. Joseph County.
Buying the median-priced home in St. Joseph County costs roughly 9.6 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 St. Joseph County. The price-to-rent ratio in Indiana is about 11.2.
| Metric | St. Joseph County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $121,815 | $142,738 | $248,835 |
| Median Household Income | $66,946 | $71,967 | $80,455 |
| Price-to-Income Ratio | 1.8 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in St. Joseph County rose about 70.0%, while median household income rose about 43.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | St. Joseph County | Indiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.4% | 64.4% | 58.5% |
| Rental Rate | 28.0% | 26.9% | 31.2% |
| Vacancy Rate | 9.6% | 8.8% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
St. Joseph County has a homeownership rate of 62.4%, lower than the Indiana average of 64.4%. Its housing vacancy rate is 9.6%, compared with 8.8% in Indiana.
Housing Stock
| Metric | St. Joseph County | Indiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1968 | 1975 | 1978 |
| Median Number of Rooms | 5.8 | 5.9 | 5.5 |
The typical housing unit in St. Joseph County was built around 1968. On average, 2.4 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
St. Joseph County, IN Housing Compared With Nearby Counties
St. Joseph County, IN is the largest of the 6 counties compared here, 273,015 residents against a local median of 51,520. St. Joseph County, IN's median home price, at $121,815, runs 26% below the $164,062 typical of the counties around it.
The counties themselves spread $99,726 on median home price, so St. Joseph County, IN sits at one end of an already wide local range rather than apart from it. St. Joseph County, IN has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| St. Joseph County, IN | 273,015 | $121,815 #5/6 | $1,062 #1/6 | 69.0% #6/6 |
| Marshall County, IN | 46,284 | $164,062 | $938 | 76.4% |
| Cass County, MI | 51,520 | $113,846 | $916 | 81.6% |
| Elkhart County, IN | 207,132 | $152,902 | $1,047 | 71.6% |
| LaPorte County, IN | 111,917 | $205,529 | $975 | 74.7% |
| Starke County, IN | 23,365 | $213,571 | $712 | 83.0% |
Frequently Asked Questions
Common questions about the housing market in St. Joseph County, Indiana.
What is the median home price in St. Joseph County, Indiana?
The median home price in St. Joseph County, Indiana is $121,815, lower than the Indiana average of $142,738.
What is the average home price in St. Joseph County, Indiana?
The typical home price in St. Joseph County, Indiana, reported as the median sale price, is $121,815. 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 St. Joseph County, Indiana?
The median gross rent in St. Joseph County, Indiana is $1,062 per month, about the same as the Indiana average.
What was the median gross rent in St. Joseph County in 2020?
In 2020, the median gross rent in St. Joseph County, Indiana was $825 per month.
What is the price-to-rent ratio in St. Joseph County, Indiana?
The price-to-rent ratio in St. Joseph County, Indiana is about 9.6, meaning it would take roughly 9.6 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 St. Joseph County.
Are home prices or rent rising faster in St. Joseph County, Indiana?
Both home prices and rent are rising in St. Joseph County, up about 7.8% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in St. Joseph County, Indiana?
62.4% of households in St. Joseph County, Indiana own their home, lower than the Indiana average of 64.4%.
What is the vacancy rate in St. Joseph County, Indiana?
The housing vacancy rate in St. Joseph County, Indiana is 9.6%, higher than the Indiana average of 8.8%.
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