Housing in Skelton

A typical Skelton home is worth roughly $175,000

Typical home value

$175K

IN $260K

Estimate

2-bedroom rent

$990

a month, utilities in · HUD

Median tax bill

$1,107

IN $1,614

What kind of housing town is Skelton?

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

Your money goes further33% below the Indiana typical home.A town of owners94% of households own their home.

★ What stands out · Affordability

A typical home costs 2.1 years of income

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

You could afford about

$340,000

Typical Skelton home $175K

That covers a typical Skelton home, with $165K to spare.

The typical home, each month

$1,010

Loan $860Tax $90Insurance $50

A two-bedroom rents for about $990 a month here, $20 less than owning.

Where your budget reaches nearby

Jackson$196K Grass$133K Boon$197K Pigeon$209K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Skelton’s typical property tax (0.63% 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

94% of Skelton households own their home

Half of Skelton’s homes were built before 1976.

Owners and renters

Own 94%Rent 6%

Indiana: 71% own.

1976

typical home built · IN 1976

$1,107

median property tax bill · IN $1,614

0.63%

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

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

Renting

A two-bedroom rents for about $990

Renters already here pay a median of $719, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$750

1 bedroom$760

2 bedrooms$990

3 bedrooms$1,230

4 bedrooms$1,370

of households rent · IN 29%

renter households

19%

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

14%

of the median income, for a two-bedroom

$719

median rent paid today · Census

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

Next door

Skelton vs. its neighbors

Skelton is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.

Pigeon$209K Boon$197K Jackson$196K Skelton$175K Grass$133K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Skelton	$175K*	—	$990	$84,375
Jackson	$196K*	—	$980	$48,956
Grass	$133K*	—	$1,080	$54,549
Boon	$197K*	−1.5%†	$1,030	$78,464
Pigeon	$209K*	—	$980	$115,852

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 Skelton buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Skelton 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.