Housing · Winamac

Winamac, IN housing market

The typical Winamac home is worth about $200,000, up 6.6% in a year, 23% below the Indiana typical home.

Home values, sales, trends and how Winamac compares with the towns next door — updated as new data is published.

The market right now

Winamac at a glance

Typical home value
$200K
▲ 6.6% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

WinamacIndiana
$50K$100K$150K$200K$250K$300K 20182020202220242026 Winamac $200K Indiana $260K
Show as a table
JanuaryWinamacIndiana
2017$93,000$135,000
2018$99,000$144,000
2019$106,000$154,000
2020$112,000$164,000
2021$125,000$183,000
2022$146,000$209,000
2023$157,000$227,000
2024$171,000$237,000
2025$187,000$249,000
2026$189,000$256,000
August 2026$200,000$260,000
New construction

No new homes permitted in 2009

No permits for new homes were issued in Winamac in 2009. The last year with any was 2008 (2 new homes).

New homes, 2009
0
2 in 2008
Single-familyTwo or more homes per building
0102030 2000: 14 homes (10 single-family, 4 in buildings with 2+ homes) 2000 2001: 28 homes (4 single-family, 24 in buildings with 2+ homes) 2002: 11 homes (7 single-family, 4 in buildings with 2+ homes) 2003: 9 homes 2004: 8 homes 2005: 7 homes 2005 2006: 14 homes 2007: 5 homes 2008: 2 homes 2009: 0 homes
Show as a table
YearNew homesSingle-family2+ per buildingValue
2009000—
2008220$326,000
2007550$850,000
200614140$2.2 million
2005770$1.1 million
2004880$873,000
2003990$1.7 million
20021174$2.5 million
200128424$2.3 million
200014104$853,000

Winamac's permit office didn't report to the Census in 2009, so the 2009 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Affordability

4.2 years of income

The typical Winamac home costs about 4.2 years of the town's median household income, more than across Indiana (3.6 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
52.9%
Indiana: 70.6%
Median tax bill
$631
Indiana: $1,614
Median rent
$742
Indiana: $1,062
Typical home built
1956
Indiana: 1976

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $960

HUD's Fair Market Rent for a two-bedroom in Winamac is $960 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Winamac pay a median of $742, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.

1 bedroom
$870
a month, with utilities
2 bedrooms
$960
a month, with utilities
3 bedrooms
$1,330
a month, with utilities
Share of income
24%
2 bedrooms ÷ median income

Studio $690 · 4 bedrooms $1,600

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46996; Pulaski County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01