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Housing in Henry

A typical Henry home is worth roughly $159,000

Home prices around Henry have risen about 57% over the past 5 years.

Typical home value
$159K
▲ 1.3% in a year · IN $260K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$1,076
IN $1,614

What kind of housing town is Henry?

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

★ What stands out · Renting

A two-bedroom rents for about $960

Renters already here pay a median of $775, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$770
1 bedroom$780
2 bedrooms$960
3 bedrooms$1,150
4 bedrooms$1,270
33%
of households rent · IN 29%
2,603
renter households
40%
of renters spend 30%+ of income on rent · IN 48%
20%
of the median income, for a two-bedroom
$775
median rent paid today · Census

How Henry ranks on rent that’s easy to afford →

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

Affordability

A typical home costs 2.7 years of income

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

You could afford about
$227,000
Typical Henry home $159K

That covers a typical Henry home, with $68K to spare.

The typical home, each month
$950
Loan $790Tax $110Insurance $50

A two-bedroom rents for about $960 a month here, $10 more than owning.

How Henry ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Henry’s typical property tax (0.85% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 57% in 5 years

The federal house price index for the ZIP code around Henry rose 57% over the past 5 years, faster than across Indiana (53%). Last year prices rose 1.3%. Carrying the Census median home value forward with that index puts the typical Henry home at roughly $159,000 today.

Henry areaIndiana
−50%0%+50%+100%+150%200020052010201520202025
+1.3%
past year
+57%
past 5 years
+93%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $159K.

How Henry ranks on rising home prices →

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

The homes

67% of Henry households own their home

Half of Henry’s homes were built before 1960.

Owners and renters
Own 67%Rent 33%

Indiana: 71% own.

1960
typical home built · IN 1976
$1,076
median property tax bill · IN $1,614
0.85%
of a home’s value, a year in tax · IN 0.74%

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

Next door

Henry vs. its neighbors

Henry is the 2nd least expensive of 7 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Henry$159K*+1.3%†$960$58,355
Prairie$195K*+1.5%†$980$68,088
Greensboro$151K*+1.3%†$1,050$56,111
Spiceland$213K+2%$1,000$81,643
Liberty$169K*+0.9%†$960$71,845
Harrison$181K*+3.4%†$1,010$100,083
Franklin$171K*—$1,010$67,250

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.

On the market in Henry

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Henry buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Henry 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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