Housing in Indian Lake

A typical Indian Lake home is worth roughly $274,000

Home prices around Indian Lake have risen about 90% over the past 5 years.

Typical home value

$274K

▲ 25.5% in a year · MO $268K

Estimate

2-bedroom rent

$990

a month, utilities in · HUD

Median tax bill

$718

MO $1,948

What kind of housing town is Indian Lake?

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

Prices climbing fastUp 25.5% in a year.A second-home town44% of homes are seasonal or vacation homes.A town of owners98% of households own their home.

★ What stands out · Price trend

Home prices up 90% in 5 years

The federal house price index for the ZIP code around Indian Lake rose 90% over the past 5 years, faster than across Missouri (51%). Last year prices rose 26%. Carrying the Census median home value forward with that index puts the typical Indian Lake home at roughly $274,000 today.

Indian Lake areaMissouri

+26%

past year

+90%

past 5 years

+106%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $274K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Indian Lake, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

98% of Indian Lake households own their home

Half of Indian Lake’s homes were built before 1976.

Owners and renters

Own 98%Rent 2%

Missouri: 68% own.

1976

typical home built · MO 1978

$718

median property tax bill · MO $1,948

0.37%

of a home’s value, a year in tax · MO 0.85%

44%

of homes are seasonal or vacation homes

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

Affordability

A typical home costs 3.8 years of income

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

You could afford about

$298,000

Typical Indian Lake home $274K

That covers a typical Indian Lake home, with $24K to spare.

The typical home, each month

$1,520

Loan $1,360Tax $80Insurance $80

A two-bedroom rents for about $990 a month here, $530 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Indian Lake’s typical property tax (0.37% 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 $990

Fair Market Rent a month, utilities included

Studio$760

1 bedroom$800

2 bedrooms$990

3 bedrooms$1,270

4 bedrooms$1,480

of households rent · MO 32%

renter households

100%

of renters spend 30%+ of income on rent · MO 46%

17%

of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (St. Louis, MO-IL 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.

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What Indian Lake 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. Price trend: Federal Housing Finance Agency House Price Index. 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.