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Housing in Washington

A typical Washington home is worth roughly $169,000

Typical home value
$169K
IN $260K
Estimate
2-bedroom rent
$1,020
a month, utilities in · HUD
Median tax bill
$704
IN $1,614

What kind of housing town is Washington?

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

★ What stands out · Affordability

A typical home costs 3.5 years of income

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

You could afford about
$204,000
Typical Washington home $169K

That covers a typical Washington home, with $36K to spare.

The typical home, each month
$940
Loan $840Tax $60Insurance $50

A two-bedroom rents for about $1,020 a month here, $80 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Washington’s typical property tax (0.42% 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 $1,020

Renters already here pay a median of $883, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$800
1 bedroom$820
2 bedrooms$1,020
3 bedrooms$1,230
4 bedrooms$1,510
32%
of households rent · IN 29%
36
renter households
$883
median rent paid today · Census

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

The homes

68% of Washington households own their home

Half of Washington’s homes were built before 1973.

Owners and renters
Own 68%Rent 32%

Indiana: 71% own.

1973
typical home built · IN 1976
$704
median property tax bill · IN $1,614
0.42%
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.

Next door

Washington vs. its neighbors

Washington is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Washington$169K*—$1,020$48,594
Sugar Ridge$121K*—$1,030$107,536
Marion$149K*—$980$74,096
Jackson$227K*+5.2%†$1,040$95,590
Morgan$170K*—$1,020$52,455

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.

On the market in Washington

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Washington buyers, sellers and renters are saying.

Town Square →
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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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