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Housing in Etna-Troy

A typical Etna-Troy home is worth roughly $282,000

Home prices around Etna-Troy have risen about 49% over the past 5 years.

Typical home value
$282K
▲ 0.7% in a year · IN $260K
Estimate
2-bedroom rent
$1,100
a month, utilities in · HUD
Median tax bill
$1,224
IN $1,614
Price trend

Home prices up 49% in 5 years

The federal house price index for the ZIP codes around Etna-Troy rose 49% over the past 5 years, slower than across Indiana (53%). Last year prices rose 0.7%. Carrying the Census median home value forward with that index puts the typical Etna-Troy home at roughly $282,000 today.

Etna-Troy areaIndiana
0%+50%+100%+150%200020052010201520202025
+0.7%
past year
+49%
past 5 years
+82%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $282K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Etna-Troy, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 4.9 years of income

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

You could afford about
$235,000
Typical Etna-Troy home $282K

That’s $47K short of a typical Etna-Troy home.

The typical home, each month
$1,600
Loan $1,400Tax $120Insurance $80

A two-bedroom rents for about $1,100 a month here, $500 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Etna-Troy’s typical property tax (0.51% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,100

Renters already here pay a median of $1,013.

Fair Market Rent a month, utilities included

Studio$870
1 bedroom$900
2 bedrooms$1,100
3 bedrooms$1,360
4 bedrooms$1,520
17%
of households rent · IN 29%
148
renter households
74%
of renters spend 30%+ of income on rent · IN 48%
23%
of the median income, for a two-bedroom
$1,013
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Fort Wayne, 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.

The homes

83% of Etna-Troy households own their home

Half of Etna-Troy’s homes were built before 1966.

Owners and renters
Own 83%Rent 17%

Indiana: 71% own.

1966
typical home built · IN 1976
$1,224
median property tax bill · IN $1,614
0.51%
of a home’s value, a year in tax · IN 0.74%
4%
of homes are seasonal or vacation homes

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

Next door

Etna-Troy vs. its neighbors

Etna-Troy is the 2nd priciest of 6 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Etna-Troy$282K*+0.7%†$1,100$57,163
Richland$241K*+0.8%†$1,080$72,950
Washington$210K*—$1,060$64,266
Noble$231K*+5.3%†$1,030$73,487
Thorncreek$331K*+0.8%†$1,070$112,548
Washington$149K*−2.9%†$990$69,410

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.

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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. Price trend: Federal Housing Finance Agency House Price Index. 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.

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