Housing in Washington

A typical Washington home is worth roughly $111,000

Typical home value

$111K

IN $260K

Estimate

2-bedroom rent

$980

a month, utilities in · HUD

Median tax bill

$790

IN $1,614

What kind of housing town is Washington?

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

Your money goes further57% below the Indiana typical home.Older homesThe typical home was built around 1943.

★ What stands out · Affordability

A typical home costs 1.9 years of income

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

You could afford about

$236,000

Typical Washington home $111K

That covers a typical Washington home, with $125K to spare.

The typical home, each month

$650

Loan $550Tax $70Insurance $30

A two-bedroom rents for about $980 a month here, $330 more than owning.

Where your budget reaches nearby

Greensfork$128K Union$145K White River$106K Green$166K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Washington’s typical property tax (0.71% 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

81% of Washington households own their home

Half of Washington’s homes were built before 1943.

Owners and renters

Own 81%Rent 19%

Indiana: 71% own.

1943

typical home built · IN 1976

$790

median property tax bill · IN $1,614

0.71%

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

of homes are seasonal or vacation homes

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

Renting

A two-bedroom rents for about $980

Renters already here pay a median of $674, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$700

1 bedroom$860

2 bedrooms$980

3 bedrooms$1,290

4 bedrooms$1,300

19%

of households rent · IN 29%

155

renter households

54%

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

20%

of the median income, for a two-bedroom

$674

median rent paid today · Census

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

Next door

Washington vs. its neighbors

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

Green$166K Union$145K Greensfork$128K Washington$111K White River$106K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Washington	$111K*	—	$980	$58,750
Greensfork	$128K*	—	$960	$78,592
Union	$145K*	—	$1,030	$78,214
White River	$106K*	−2.6%†	$990	$59,461
Green	$166K*	—	$1,280	$72,361

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. Listings link to their publishers. The calculator is an estimate, not a loan offer.