Housing in Bearcreek

A typical Bearcreek home is worth roughly $165,000

Typical home value

$165K

IN $260K

Estimate

2-bedroom rent

$960

a month, utilities in · HUD

Median tax bill

$1,083

IN $1,614

What kind of housing town is Bearcreek?

Read from the numbers below. The page puts what stands out first.

Your money goes further37% below the Indiana typical home.A town of owners94% of households own their home.

★ What stands out · Affordability

A typical home costs 2.1 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about

$310,000

Typical Bearcreek home $165K

That covers a typical Bearcreek home, with $146K to spare.

The typical home, each month

$950

Loan $820Tax $90Insurance $50

A two-bedroom rents for about $960 a month here, $10 more than owning.

Where your budget reaches nearby

Wabash$165K Jackson$302K Wayne$111K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bearcreek’s typical property tax (0.66% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

94% of Bearcreek households own their home

Half of Bearcreek’s homes were built before 1984.

Owners and renters

Own 94%Rent 6%

Indiana: 71% own.

1984

typical home built · IN 1976

$1,083

median property tax bill · IN $1,614

0.66%

of a home’s value, a year in tax · IN 0.74%

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $960

Renters already here pay a median of $789, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$700

1 bedroom$740

2 bedrooms$960

3 bedrooms$1,260

4 bedrooms$1,270

of households rent · IN 29%

renter households

18%

of renters spend 30%+ of income on rent · IN 48%

15%

of the median income, for a two-bedroom

$789

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Wells County, IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Bearcreek vs. its neighbors

Bearcreek is the 2nd priciest of 4 neighboring towns. Tap one to see its housing page.

Jackson$302K Bearcreek$165K Wabash$165K Wayne$111K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Bearcreek	$165K*	—	$960	$76,750
Wabash	$165K*	—	$960	$61,250
Jackson	$302K*	—	$980	$43,086
Wayne	$111K*	−0.5%†	$960	$59,403

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Bearcreek buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Bearcreek still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.