Cannelton, IN housing market
The typical Cannelton home is worth about $166,000, up 5.4% in a year, 36% below the Indiana typical home.
Home values, sales, trends and how Cannelton compares with the towns next door — updated as new data is published.
Cannelton at a glance
Typical home value, 2016–2026
Show as a table
| January | Cannelton | Indiana |
|---|---|---|
| 2017 | $82,000 | $135,000 |
| 2018 | $85,000 | $144,000 |
| 2019 | $89,000 | $154,000 |
| 2020 | $99,000 | $164,000 |
| 2021 | $112,000 | $183,000 |
| 2022 | $129,000 | $209,000 |
| 2023 | $139,000 | $227,000 |
| 2024 | $144,000 | $237,000 |
| 2025 | $158,000 | $249,000 |
| 2026 | $161,000 | $256,000 |
| August 2026 | $166,000 | $260,000 |
2 new homes permitted in 2025
Builders were permitted 2 new homes in Cannelton in 2025, all single-family houses. That's 1.4 per 1,000 residents, slower than across Indiana (6). Over the past 10 years, Cannelton has permitted 3 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Cannelton's population fell by 39 and no new homes were permitted. Across Indiana: 1.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $342,000 |
| 2025 | 2 | 2 | 0 | $683,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 1 | 1 | 0 | $15,000 |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $46,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 1 | 1 | 0 | $100,000 |
| 2005 | 1 | 1 | 0 | $100,000 |
| 2004 | 1 | 1 | 0 | $50,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Cannelton and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Cannelton | $166K | +5.4% | $1,030 | 2 | $29,219 |
| Troy | $140K | +0.7% | $1,000 | — | $55,526 |
5.7 years of income
The typical Cannelton home costs about 5.7 years of the town's median household income, more than across Indiana (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,030
HUD's Fair Market Rent for a two-bedroom in Cannelton is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cannelton pay a median of $726, so moving in tends to cost more than staying put. A two-bedroom takes about 42% of the town's median household income, above the 30% guideline for affordable housing.
Studio $740 · 4 bedrooms $1,730
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47520; Perry County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Cannelton
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.