A typical Posey home is worth roughly $119,000
What kind of housing town is Posey?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.3 years of income
Less than across Indiana (3.6 years). Try your own numbers below.
That covers a typical Posey home, with $87K to spare.
A two-bedroom rents for about $1,230 a month here, $530 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Posey’s typical property tax (0.77% 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 $1,230
Renters already here pay a median of $985, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
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.
81% of Posey households own their home
Half of Posey’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.
Posey vs. its neighbors
Posey is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Posey | $119K* | — | $1,230 | $52,440 |
| Laurel | $243K | +4.5% | $1,320 | $72,596 |
| Richland | — | +9.1%† | $980 | — |
| Fugit | $221K* | +0.6%† | $1,080 | $93,667 |
| Salt Creek | $255K* | — | $1,240 | $62,396 |
| Orange | $112K* | — | $990 | $53,750 |
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 Posey 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.