A typical Jefferson home is worth roughly $226,000
A typical home costs 4.8 years of income
More than across Indiana (3.6 years). Try your own numbers below.
That’s $38K short of a typical Jefferson home.
A two-bedroom rents for about $960 a month here, $360 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Jefferson’s typical property tax (0.72% 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 $960
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Wells 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.
79% of Jefferson households own their home
Half of Jefferson’s homes were built before 1988.
Indiana: 71% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Jefferson vs. its neighbors
Jefferson is the 2nd priciest of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Jefferson | $226K* | — | $960 | — | $46,645 |
| Wabash | $165K* | — | $960 | — | $61,250 |
| Blue Creek | $348K* | +13.6%† | $960 | — | $59,330 |
| Black Creek | $190K* | +10.9%† | $1,020 | 1 | $102,684 |
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 Jefferson 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. 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.