Housing · Mulberry

Mulberry, IN housing market

The typical Mulberry home is worth about $259,000, up 8.1% in a year, close to the Indiana typical home.

Home values, sales, trends and how Mulberry compares with the towns next door — updated as new data is published.

The market right now

Mulberry at a glance

Typical home value
$259K
▲ 8.1% in a year · Zillow
Median sale price
$240K
May 2026 · Redfin
Homes sold
1
in May · 1 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

MulberryIndiana
$100K$125K$150K$175K$200K$225K$250K$275K 20182020202220242026 Mulberry $259K Indiana $260K
Show as a table
JanuaryMulberryIndiana
2017$122,000$135,000
2018$129,000$144,000
2019$139,000$154,000
2020$149,000$164,000
2021$167,000$183,000
2022$198,000$209,000
2023$213,000$227,000
2024$221,000$237,000
2025$237,000$249,000
2026$250,000$256,000
August 2026$259,000$260,000
Affordability

4.4 years of income

The typical Mulberry home costs about 4.4 years of the town's median household income, more than across Indiana (3.6 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
82.1%
Indiana: 70.6%
Median tax bill
$731
Indiana: $1,614
Median rent
$781
Indiana: $1,062
Typical home built
1938
Indiana: 1976

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,130

HUD's Fair Market Rent for a two-bedroom in Mulberry is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mulberry pay a median of $781, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.

1 bedroom
$900
a month, with utilities
2 bedrooms
$1,130
a month, with utilities
3 bedrooms
$1,490
a month, with utilities
Share of income
23%
2 bedrooms ÷ median income

Studio $820 · 4 bedrooms $1,580

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46058; Lafayette-West Lafayette, IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. 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.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01