What is the median home value in Vernon Township (Hancock County), IN?

The median value of owner-occupied homes in Vernon Township (Hancock County), IN is $320,200 (±$16,973), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Vernon Township (Hancock County), the median home value went from $179,900 in 2015–2019 to $320,200 in 2020–2024 (+78.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$320,200 (±$16,973)
Owner-occupied homes
5,444 (±415)
Most common range
$300,000 to $499,999

Home values in Vernon Township (Hancock County)

Owner-occupied homes by value, 2020–2024
ValueVernon Township (Hancock County)Hancock CountyIndianaUnited States
Less than $50,0001.6% (±1.1 points)2.4%6.0%5.3%
$50,000 to $99,9994.4% (±4.5 points)2.8%10.1%6.1%
$100,000 to $149,9993.0% (±1.7 points)5.6%12.7%6.8%
$150,000 to $199,9992.8% (±1.7 points)12.7%15.8%9.0%
$200,000 to $299,99931.6% (±7.0 points)33.8%25.1%17.8%
$300,000 to $499,99949.6% (±5.8 points)34.2%21.8%26.9%
$500,000 to $999,9995.2% (±2.8 points)7.6%7.3%20.9%
$1,000,000 or more1.9% (±2.1 points)1.0%1.2%7.1%

The most common range is $300,000 to $499,999, 49.6% 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.

Vernon Township (Hancock County) against Hancock County, its state and the nation

Estimate (90% margin of error)
Vernon Township (Hancock County)Hancock CountyIndianaUnited States
Median home value$320,200 (±$16,973)$274,800 (±$7,160)$218,200 (±$739)$332,700
Owner-occupied homes5,444 (±415)26,619 (±661)1,916,243 (±9,865)84,210,142

In Vernon Township (Hancock County), the median home value is higher than in Hancock County ($274,800).

It is also higher than in Indiana ($218,200).

It is not measurably different from the national figure ($332,700).

In Hancock County, Vernon Township (Hancock County) ranks 5 of 16 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 110 of 1,574.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Vernon Township (Hancock County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$179,900 (±$24,575)$320,200 (±$16,973)+78.0%Up after inflation
Median owner cost with a mortgage$1,439 (±$89)$1,667 (±$79)+15.8%No measurable change after inflation
Median real estate taxes$1,815 (±$174)$2,353 (±$208)+29.6%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 Vernon Township (Hancock County)

Nearest places with a published estimate, compared with Vernon Township (Hancock County)
PlaceDistanceMedian home valueCompared with this place
Vernon Township (Hancock County)—$320,200 (±$16,973)—
Fortville1.8 mi$254,900 (±$19,951)Lower
McCordsville2.5 mi$345,400 (±$14,688)Higher
Fall Creek Township (Hamilton County)4.9 mi$430,300 (±$10,778)Higher
Ingalls5.0 mi$189,900 (±$14,358)Lower
Buck Creek Township5.8 mi$275,400 (±$19,027)Lower
Green Township (Madison County)6.1 mi$260,700 (±$28,527)Lower
Fishers6.4 mi$391,000 (±$8,661)Higher
Green Township (Hancock County)6.7 mi$277,400 (±$27,655)Lower

Nearby places with a measurably lower figure: Fortville, IN ($254,900), Ingalls, IN ($189,900), Buck Creek Township, IN ($275,400).

Nearby places with a measurably higher figure: McCordsville, IN ($345,400), Fall Creek Township (Hamilton County), IN ($430,300), Fishers, IN ($391,000).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Hancock County, place by place

RankPlaceMedian home value
1New Palestine$357,500 (±$29,981)
2McCordsville$345,400 (±$14,688)
3Sugar Creek Township (Hancock County)$338,200 (±$11,844)
4Blue River Township (Hancock County)$333,100 (±$62,594)
5Vernon Township (Hancock County)$320,200 (±$16,973)
6Brandywine Township (Hancock County)$290,100 (±$42,008)
7Green Township (Hancock County)$277,400 (±$27,655)
8Buck Creek Township$275,400 (±$19,027)
9Fortville$254,900 (±$19,951)
10Center Township (Hancock County)$223,800 (±$6,357)
11Brown Township (Hancock County)$217,200 (±$32,392)

Showing 11 of 16 places in Hancock 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 Vernon Township (Hancock County)

What is the average home value in Vernon Township (Hancock County), IN?

The Census Bureau publishes the median: $320,200 (±$16,973) for owner-occupied homes in Vernon Township (Hancock County) (2020–2024 American Community Survey).

Have home values in Vernon Township (Hancock County) gone up?

In Vernon Township (Hancock County), the median home value went from $179,900 in 2015–2019 to $320,200 in 2020–2024 (+78.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Vernon Township (Hancock 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

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 Vernon township, Hancock County, Indiana (county subdivision:78866, in state:18 county:059).

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.

Request a Census API 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 .

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