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Housing in Washington

A typical Washington home is worth roughly $283,000

Typical home value
$283K
IN $260K
Estimate
2-bedroom rent
$1,030
a month, utilities in · HUD
Median tax bill
$1,088
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 · Renting

A two-bedroom rents for about $1,030

Renters already here pay a median of $576, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$770
1 bedroom$830
2 bedrooms$1,030
3 bedrooms$1,310
4 bedrooms$1,560
9%
of households rent · IN 29%
77
renter households
12%
of renters spend 30%+ of income on rent · IN 48%
15%
of the median income, for a two-bedroom
$576
median rent paid today · Census

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

1 of Washington’s houses are on the National Register

Half of Washington’s homes were built before 1991.

History →
Owners and renters
Own 91%Rent 9%

Indiana: 71% own.

1991
typical home built · IN 1976
$1,088
median property tax bill · IN $1,614
0.38%
of a home’s value, a year in tax · IN 0.74%
2%
of homes are seasonal or vacation homes
Historic houses in Washington

U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.

Affordability

A typical home costs 3.4 years of income

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

You could afford about
$352,000
Typical Washington home $283K

That covers a typical Washington home, with $69K to spare.

The typical home, each month
$1,570
Loan $1,400Tax $90Insurance $80

A two-bedroom rents for about $1,030 a month here, $540 less than owning.

How Washington ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Washington’s typical property tax (0.38% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Next door

Washington vs. its neighbors

Washington is the 2nd priciest of 8 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Washington$283K*—$1,030$84,179
Van Buren$134K*+5.2%†$1,040$69,536
Warren$263K*+4.7%†$1,060$103,548
Madison$325K*+4.3%†$1,020$89,426
Jackson$227K*+5.2%†$1,040$95,590
Jackson$142K*—$1,030$55,109
Cloverdale$266K+3.7%$1,100$66,277
Greencastle$249K+4.2%$1,030$65,078

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 Washington buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Washington 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. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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