A typical Carter home is worth roughly $164,000
What kind of housing town is Carter?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.2 years of income
Less than across Indiana (3.6 years). Try your own numbers below.
That covers a typical Carter home, with $141K to spare.
A two-bedroom rents for about $1,010 a month here, $70 more than owning.
How Carter ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Carter’s typical property tax (0.59% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,010
Renters already here pay a median of $817, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Evansville, IN MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
75% of Carter households own their home
Half of Carter’s homes were built before 1981.
Indiana: 71% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Carter vs. its neighbors
Carter is the least expensive of 6 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Carter | $164K* | — | $1,010 | — | $75,288 |
| Clay | $257K* | — | $1,040 | — | $89,167 |
| Harrison | $279K* | — | $1,100 | — | $67,821 |
| Pigeon | $209K* | — | $980 | — | $115,852 |
| Santa Claus | $298K | +1.2% | $1,350 | 4 | $89,659 |
| Cass | $166K* | +12.9%† | $990 | — | $72,339 |
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 Carter buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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.