
A typical Homecroft home is worth roughly $232,000
The median sale price was $255,000 in May 2026.
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Homecroft?
Read from the numbers below. The page puts what stands out first.
97% of Homecroft households own their home
Half of Homecroft’s homes were built before 1951.
Indiana: 71% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Home prices up 49% in 5 years
The federal house price index for the ZIP code around Homecroft rose 49% over the past 5 years, slower than across Indiana (53%). Last year prices rose 3.5%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Homecroft, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 2.9 years of income
About the same as across Indiana. Try your own numbers below.
That covers a typical Homecroft home, with $71K to spare.
A two-bedroom rents for about $1,320 a month here, $90 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Homecroft’s typical property tax (1.03% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,320
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Indianapolis-Carmel, 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.
Neighbors talk housing
What Homecroft buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. 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.