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Housing in Fugit

A typical Fugit home is worth roughly $273,000

Home prices around Fugit have risen about 50% over the past 5 years.

Typical home value
$273K
▲ 0.6% in a year · IN $260K
Estimate
2-bedroom rent
$1,080
a month, utilities in · HUD
Median tax bill
$1,198
IN $1,614

What kind of housing town is Fugit?

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

★ What stands out · The homes

92% of Fugit households own their home

Half of Fugit’s homes were built before 1968.

Owners and renters
Own 92%Rent 8%

Indiana: 71% own.

1968
typical home built · IN 1976
$1,198
median property tax bill · IN $1,614
0.54%
of a home’s value, a year in tax · IN 0.74%
10%
of homes are seasonal or vacation homes

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

Price trend

Home prices up 50% in 5 years

The federal house price index for the ZIP codes around Fugit rose 50% over the past 5 years, about the same as across Indiana. Last year prices rose 0.6%. Carrying the Census median home value forward with that index puts the typical Fugit home at roughly $273,000 today.

Fugit areaIndiana
0%+50%+100%+150%200020052010201520202025
+0.6%
past year
+50%
past 5 years
+86%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $273K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fugit, 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 2.9 years of income

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

You could afford about
$385,000
Typical Fugit home $273K

That covers a typical Fugit home, with $112K to spare.

The typical home, each month
$1,560
Loan $1,350Tax $120Insurance $80

A two-bedroom rents for about $1,080 a month here, $480 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Fugit’s typical property tax (0.54% 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 $1,080

Fair Market Rent a month, utilities included

Studio$800
1 bedroom$920
2 bedrooms$1,080
3 bedrooms$1,420
4 bedrooms$1,680
8%
of households rent · IN 29%
39
renter households
0%
of renters spend 30%+ of income on rent · IN 48%
14%
of the median income, for a two-bedroom

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

Fugit vs. its neighbors

Fugit is the 3rd priciest of 6 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Fugit$273K*+0.6%†$1,080$93,667
Clinton—−0.7%†$1,100—
Ray$290K*+6.3%†$1,080$90,481
Washington$199K*−0.6%†$1,100$63,989
Saltcreek$280K*−0.5%†$1,100$111,090
Salt Creek$255K*—$1,240$62,396
Richland—+9.1%†$980—
Posey$119K*—$1,230$52,440

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 Fugit buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Fugit still affordable for young families?

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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. 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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