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Housing in Northwest

A typical Northwest home is worth roughly $156,000

Typical home value
$156K
IN $260K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$1,312
IN $1,614

What kind of housing town is Northwest?

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

★ What stands out · Affordability

A typical home costs 1.8 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about
$338,000
Typical Northwest home $156K

That covers a typical Northwest home, with $182K to spare.

The typical home, each month
$930
Loan $770Tax $110Insurance $50

A two-bedroom rents for about $960 a month here, $30 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Northwest’s typical property tax (0.84% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

96% of Northwest households own their home

Half of Northwest’s homes were built before 1991.

Owners and renters
Own 96%Rent 4%

Indiana: 71% own.

1991
typical home built · IN 1976
$1,312
median property tax bill · IN $1,614
0.84%
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.

Renting

A two-bedroom rents for about $960

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$730
2 bedrooms$960
3 bedrooms$1,330
4 bedrooms$1,560
4%
of households rent · IN 29%
11
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Orange County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Northwest vs. its neighbors

Northwest is the least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Northwest$156K*—$960$85,580
Halbert$158K*—$1,070$70,764
Spice Valley$172K*+7.7%†$980$81,667
Orangeville$221K*—$960$143,875
French Lick$198K+4.8%$980$61,173

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 Northwest buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Northwest still affordable for young families?

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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. 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.

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