Housing in Noble

A typical Noble home is worth roughly $317,000

Home prices around Noble have risen about 64% over the past 5 years.

Typical home value

$317K

▲ 10% in a year · IN $260K

Estimate

2-bedroom rent

$990

a month, utilities in · HUD

Median tax bill

$1,944

IN $1,614

What kind of housing town is Noble?

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

Prices climbing fastUp 10% in a year.Older homesThe typical home was built around 1938.Pricier than IN22% above the Indiana typical home.A town of owners92% of households own their home.

★ What stands out · Price trend

Home prices up 64% in 5 years

The federal house price index for the ZIP codes around Noble rose 64% over the past 5 years, faster than across Indiana (53%). Last year prices rose 10%.

Noble areaIndiana

+10%

past year

+64%

past 5 years

+90%

past 10 years

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

The homes

92% of Noble households own their home

Half of Noble’s homes were built before 1938.

Owners and renters

Own 92%Rent 8%

Indiana: 71% own.

1938

typical home built · IN 1976

$1,944

median property tax bill · IN $1,614

0.61%

of a home’s value, a year in tax · IN 0.74%

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

Affordability

A typical home costs 3.4 years of income

About the same as across Indiana. Try your own numbers below.

You could afford about

$377,000

Typical Noble home $317K

That covers a typical Noble home, with $60K to spare.

The typical home, each month

$1,820

Loan $1,570Tax $160Insurance $90

A two-bedroom rents for about $990 a month here, $830 less than owning.

Where your budget reaches nearby

Orange$112K Rushville$210K Union$122K Anderson$155K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Noble’s typical property tax (0.61% 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 $990

Fair Market Rent a month, utilities included

Studio$700

1 bedroom$780

2 bedrooms$990

3 bedrooms$1,250

4 bedrooms$1,300

of households rent · IN 29%

renter households

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

Next door

Noble vs. its neighbors

Noble is the priciest of 5 neighboring towns. Tap one to see its housing page.

Noble$317K Rushville$210K Anderson$155K Union$122K Orange$112K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Noble	$317K*	+10%†	$990	$92,516
Orange	$112K*	—	$990	$53,750
Richland	—	+9.1%†	$980	—
Rushville	$210K	+2.4%	$970	$57,639
Union	$122K*	+10%†	$980	$78,214
Anderson	$155K*	—	$1,030	$91,563

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 Noble buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Noble still affordable for young families?

Your answer becomes a post in Town Square.

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.