Housing in Posey

A typical Posey home is worth roughly $203,000

Typical home value

$203K

IN $260K

Estimate

2-bedroom rent

$1,120

a month, utilities in · HUD

Median tax bill

$1,384

IN $1,614

What kind of housing town is Posey?

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

Your money goes further22% below the Indiana typical home.

★ What stands out · Affordability

A typical home costs 4.7 years of income

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

You could afford about

$173,000

Typical Posey home $203K

That’s $31K short of a typical Posey home.

The typical home, each month

$1,180

Loan $1,010Tax $120Insurance $60

A two-bedroom rents for about $1,120 a month here, $60 less than owning.

Where your budget reaches nearby

Blue River$152K Howard$218K Madison$227K Hardinsburg$216K Southeast$135K Whiskey Run$154K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Posey’s typical property tax (0.68% 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 $1,120

Renters already here pay a median of $793, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$830

1 bedroom$890

2 bedrooms$1,120

3 bedrooms$1,440

4 bedrooms$1,650

17%

of households rent · IN 29%

renter households

69%

of renters spend 30%+ of income on rent · IN 48%

31%

of the median income, for a two-bedroom

$793

median rent paid today · Census

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

83% of Posey households own their home

Half of Posey’s homes were built before 1988.

Owners and renters

Own 83%Rent 17%

Indiana: 71% own.

1988

typical home built · IN 1976

$1,384

median property tax bill · IN $1,614

0.68%

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

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Posey vs. its neighbors

Posey is the 4th least expensive of 7 neighboring towns. Tap one to see its housing page.

Madison$227K Howard$218K Hardinsburg$216K Posey$203K Whiskey Run$154K Blue River$152K Southeast$135K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Posey	$203K*	—	$1,120	$43,100
Blue River	$152K*	—	$1,080	$64,250
Howard	$218K*	+5.5%†	$980	$95,938
Madison	$227K*	—	$1,090	$94,154
Hardinsburg	$216K	+3.9%	$1,190	$36,042
Southeast	$135K*	—	$1,040	$95,569
Whiskey Run	$154K*	—	$980	$58,531

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.

Town Square →

Weigh in

Is Posey 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. 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.