Housing in Jordan

A typical Jordan home is worth roughly $239,000

Typical home value

$239K

IN $260K

Estimate

2-bedroom rent

$1,110

a month, utilities in · HUD

Median tax bill

$1,057

IN $1,614

Affordability

What it takes to buy in Jordan

Try your own numbers below.

You could afford about

$287,000

Typical Jordan home $239K

That covers a typical Jordan home, with $48K to spare.

The typical home, each month

$1,400

Loan $1,180Tax $150Insurance $70

A two-bedroom rents for about $1,110 a month here, $290 less than owning.

Where your budget reaches nearby

Carpenter$156K Marion$168K Newton$205K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Indiana typical property tax (0.74% 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 $1,110

Fair Market Rent a month, utilities included

Studio$830

1 bedroom$890

2 bedrooms$1,110

3 bedrooms$1,420

4 bedrooms$1,530

16%

of households rent · IN 29%

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

The homes

85% of Jordan households own their home

Half of Jordan’s homes were built before 1965.

Owners and renters

Own 85%Rent 16%

Indiana: 71% own.

1965

typical home built · IN 1976

$1,057

median property tax bill · IN $1,614

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Jordan vs. its neighbors

Jordan is the priciest of 4 neighboring towns. Tap one to see its housing page.

Jordan$239K Newton$205K Marion$168K Carpenter$156K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Jordan	$239K*	—	$1,110	—
Carpenter	$156K*	—	$1,030	$79,500
Marion	$168K*	+15.3%†	$1,150	$62,252
Newton	$205K*	+15.3%†	$1,150	$112,000

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 Jordan buyers, sellers and renters are saying.

Town Square →

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Is Jordan still affordable for young families?

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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.