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Housing in Enchanted Hills

A typical Enchanted Hills home is worth roughly $197,000

Typical home value
$197K
IN $260K
Estimate
Median rent
$1,131
a month · Census
Median tax bill
$925
IN $1,614

What kind of housing town is Enchanted Hills?

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

★ What stands out · Affordability

A typical home costs 3 years of income

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

You could afford about
$269,000
Typical Enchanted Hills home $197K

That covers a typical Enchanted Hills home, with $72K to spare.

The typical home, each month
$1,110
Loan $980Tax $80Insurance $60

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Enchanted Hills’s typical property tax (0.47% 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

81% of Enchanted Hills households own their home

Half of Enchanted Hills’s homes were built before 1991.

Owners and renters
Own 81%Rent 19%

Indiana: 71% own.

1991
typical home built · IN 1976
$925
median property tax bill · IN $1,614
0.47%
of a home’s value, a year in tax · IN 0.74%
25%
of homes are seasonal or vacation homes

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

Renting

Renters pay a median $1,131 a month

HUD doesn’t publish rents for this area.

19%
of households rent · IN 29%
65
renter households
48%
of renters spend 30%+ of income on rent · IN 48%
$1,131
median rent paid today · Census

Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Enchanted Hills buyers, sellers and renters are saying.

Town Square →
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Is Enchanted Hills still affordable for young families?

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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. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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