Housing in Grass

A typical Grass home is worth roughly $133,000

Typical home value

$133K

IN $260K

Estimate

2-bedroom rent

$1,080

a month, utilities in · HUD

Median tax bill

$818

IN $1,614

What kind of housing town is Grass?

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

Your money goes further49% below the Indiana typical home.

★ What stands out · Affordability

A typical home costs 2.4 years of income

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

You could afford about

$223,000

Typical Grass home $133K

That covers a typical Grass home, with $90K to spare.

The typical home, each month

$760

Loan $660Tax $70Insurance $40

A two-bedroom rents for about $1,080 a month here, $320 more than owning.

Where your budget reaches nearby

Skelton$175K Boon$197K Hammond$175K Jackson$196K Luce$168K Ohio$159K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Grass’s typical property tax (0.62% 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

Renters already here pay a median of $788, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$760

1 bedroom$820

2 bedrooms$1,080

3 bedrooms$1,460

4 bedrooms$1,540

15%

of households rent · IN 29%

renter households

46%

of renters spend 30%+ of income on rent · IN 48%

24%

of the median income, for a two-bedroom

$788

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Spencer County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

85% of Grass households own their home

Half of Grass’s homes were built before 1959.

Owners and renters

Own 85%Rent 15%

Indiana: 71% own.

1959

typical home built · IN 1976

$818

median property tax bill · IN $1,614

0.62%

of a home’s value, a year in tax · IN 0.74%

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

Next door

Grass vs. its neighbors

Grass is the least expensive of 7 neighboring towns. Tap one to see its housing page.

Boon$197K Jackson$196K Hammond$175K Skelton$175K Luce$168K Ohio$159K Grass$133K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Grass	$133K*	—	$1,080	$54,549
Skelton	$175K*	—	$990	$84,375
Boon	$197K*	−1.5%†	$1,030	$78,464
Hammond	$175K*	—	$1,130	$83,565
Jackson	$196K*	—	$980	$48,956
Luce	$168K*	—	$1,280	$62,241
Ohio	$159K*	−8.5%†	$990	$76,125

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 Grass buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Grass still affordable for young families?

Your answer becomes a post in Town Square.

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. 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.