What is the median home value in Lafayette Township (Owen County), IN?
The median value of owner-occupied homes in Lafayette Township (Owen County), IN is $164,500 (±$31,929), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Lafayette Township (Owen County), the median home value went from $151,100 in 2015–2019 to $164,500 in 2020–2024 (+8.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $164,500 (±$31,929)
- Owner-occupied homes
- 428 (±128)
- Most common range
- $150,000 to $199,999
Home values in Lafayette Township (Owen County)
| Value | Lafayette Township (Owen County) | Owen County | Indiana | United States |
|---|---|---|---|---|
| Less than $50,000 | 7.5% (±8.7 points) | 8.9% | 6.0% | 5.3% |
| $50,000 to $99,999 | 4.7% (±4.7 points) | 14.7% | 10.1% | 6.1% |
| $100,000 to $149,999 | 22.7% (±18.4 points) | 16.2% | 12.7% | 6.8% |
| $150,000 to $199,999 | 26.2% (±21.1 points) | 19.9% | 15.8% | 9.0% |
| $200,000 to $299,999 | 24.3% (±15.3 points) | 20.1% | 25.1% | 17.8% |
| $300,000 to $499,999 | 11.4% (±9.5 points) | 16.2% | 21.8% | 26.9% |
| $500,000 to $999,999 | 3.3% (±5.3 points) | 2.6% | 7.3% | 20.9% |
| $1,000,000 or more | 0.0% (±8.4 points) | 1.5% | 1.2% | 7.1% |
The most common range is $150,000 to $199,999, 26.2% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Lafayette Township (Owen County) against Owen County, its state and the nation
| Lafayette Township (Owen County) | Owen County | Indiana | United States | |
|---|---|---|---|---|
| Median home value | $164,500 (±$31,929) | $172,400 (±$11,458) | $218,200 (±$739) | $332,700 |
| Owner-occupied homes | 428 (±128) | 7,012 (±303) | 1,916,243 (±9,865) | 84,210,142 |
In Lafayette Township (Owen County), the median home value is not measurably different from Owen County ($172,400).
It is also lower than in Indiana ($218,200).
It is lower than the national figure ($332,700).
In Owen County, Lafayette Township (Owen County) ranks 7 of 15 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 886 of 1,574.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Lafayette Township (Owen County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $151,100 (±$70,374) | $164,500 (±$31,929) | +8.9% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,142 (±$154) | $1,199 (±$252) | +5.0% | No measurable change after inflation |
| Median real estate taxes | $890 (±$545) | $959 (±$310) | +7.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Lafayette Township (Owen County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Lafayette Township (Owen County) | — | $164,500 (±$31,929) | — |
| Morgan Township (Owen County) | 5.1 mi | $169,600 (±$32,624) | Not measurably different |
| Marion Township (Owen County) | 5.8 mi | $148,800 (±$108,184) | Not measurably different |
| Spencer | 6.0 mi | $162,900 (±$15,740) | Not measurably different |
| Franklin Township (Owen County) | 6.1 mi | $224,000 (±$34,619) | Higher |
| Washington Township (Owen County) | 7.1 mi | $191,200 (±$11,477) | Not measurably different |
| Montgomery Township (Owen County) | 8.0 mi | $152,800 (±$124,075) | Not measurably different |
| Jefferson Township (Owen County) | 8.2 mi | $147,700 (±$45,594) | Not measurably different |
| Washington Township (Clay County) | 8.9 mi | $168,800 (±$60,214) | Not measurably different |
Nearby places with a measurably higher figure: Franklin Township (Owen County), IN ($224,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Owen County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Franklin Township (Owen County) | $224,000 (±$34,619) |
| 2 | Clay Township (Owen County) | $199,500 (±$49,387) |
| 3 | Washington Township (Owen County) | $191,200 (±$11,477) |
| 4 (tie) | Jennings Township (Owen County) | $190,500 (±$97,141) |
| 4 (tie) | Taylor Township (Owen County) | $190,500 (±$37,742) |
| 6 | Morgan Township (Owen County) | $169,600 (±$32,624) |
| 7 | Lafayette Township (Owen County) | $164,500 (±$31,929) |
| 8 | Spencer | $162,900 (±$15,740) |
| 9 | Montgomery Township (Owen County) | $152,800 (±$124,075) |
| 10 | Marion Township (Owen County) | $148,800 (±$108,184) |
| 11 | Jefferson Township (Owen County) | $147,700 (±$45,594) |
| 12 | Jackson Township (Owen County) | $141,700 (±$43,708) |
| 13 | Harrison Township (Owen County) | $136,200 (±$81,670) |
Showing 13 of 15 places in Owen County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lafayette Township (Owen County)
What is the average home value in Lafayette Township (Owen County), IN?
The Census Bureau publishes the median: $164,500 (±$31,929) for owner-occupied homes in Lafayette Township (Owen County) (2020–2024 American Community Survey).
Have home values in Lafayette Township (Owen County) gone up?
In Lafayette Township (Owen County), the median home value went from $151,100 in 2015–2019 to $164,500 in 2020–2024 (+8.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Lafayette Township (Owen County) sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lafayette township, Owen County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lafayette township, Owen County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lafayette township, Owen County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lafayette township, Owen County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lafayette township, Owen County, Indiana (county subdivision:40770, in state:18 county:119).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lafayette Township (Owen County) at a glance
- Income and affordability in Lafayette Township (Owen County)
- Homeowner costs in Lafayette Township (Owen County)
- Property taxes in Lafayette Township (Owen County)
- Types of homes in Lafayette Township (Owen County)
- Heating fuel in Lafayette Township (Owen County)
- Commute and cars in Lafayette Township (Owen County)
- Population growth in Lafayette Township (Owen County)
- Indiana landlord and tenant rules
- Housing across Owen County
- Indiana places ranked by median home value
- Housing data for every place in Indiana