What is the median home value in Wayne Township (Tippecanoe County), IN?
The median value of owner-occupied homes in Wayne Township (Tippecanoe County), IN is $245,800 (±$64,553), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Wayne Township (Tippecanoe County), the median home value went from $174,500 in 2015–2019 to $245,800 in 2020–2024 (+40.9%).
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
- $245,800 (±$64,553)
- Owner-occupied homes
- 623 (±107)
- Most common range
- $300,000 to $499,999
Home values in Wayne Township (Tippecanoe County)
| Value | Wayne Township (Tippecanoe County) | Tippecanoe County | Indiana | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.4% (±3.9 points) | 4.3% | 6.0% | 5.3% |
| $50,000 to $99,999 | 0.0% (±5.8 points) | 6.0% | 10.1% | 6.1% |
| $100,000 to $149,999 | 11.1% (±11.7 points) | 12.2% | 12.7% | 6.8% |
| $150,000 to $199,999 | 23.3% (±11.8 points) | 14.9% | 15.8% | 9.0% |
| $200,000 to $299,999 | 22.8% (±12.5 points) | 27.4% | 25.1% | 17.8% |
| $300,000 to $499,999 | 25.7% (±12.8 points) | 27.2% | 21.8% | 26.9% |
| $500,000 to $999,999 | 8.5% (±7.2 points) | 7.1% | 7.3% | 20.9% |
| $1,000,000 or more | 6.3% (±8.5 points) | 1.0% | 1.2% | 7.1% |
The most common range is $300,000 to $499,999, 25.7% 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.
Wayne Township (Tippecanoe County) against Tippecanoe County, its state and the nation
| Wayne Township (Tippecanoe County) | Tippecanoe County | Indiana | United States | |
|---|---|---|---|---|
| Median home value | $245,800 (±$64,553) | $239,300 (±$5,837) | $218,200 (±$739) | $332,700 |
| Owner-occupied homes | 623 (±107) | 40,470 (±898) | 1,916,243 (±9,865) | 84,210,142 |
In Wayne Township (Tippecanoe County), the median home value is not measurably different from Tippecanoe County ($239,300).
It is not measurably different from Indiana ($218,200).
It is lower than the national figure ($332,700).
In Tippecanoe County, Wayne Township (Tippecanoe County) ranks 12 of 19 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 316 of 1,574.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Wayne Township (Tippecanoe County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $174,500 (±$51,519) | $245,800 (±$64,553) | +40.9% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,232 (±$133) | $1,553 (±$249) | +26.1% | No measurable change after inflation |
| Median real estate taxes | $1,124 (±$377) | $1,379 (±$326) | +22.7% | 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 Wayne Township (Tippecanoe County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Wayne Township (Tippecanoe County) | — | $245,800 (±$64,553) | — |
| Shadeland | 4.3 mi | $270,000 (±$18,473) | Not measurably different |
| Union Township (Tippecanoe County) | 4.3 mi | $270,000 (±$18,473) | Not measurably different |
| Davis Township (Fountain County) | 5.1 mi | $123,600 (±$52,571) | Lower |
| Jackson Township (Tippecanoe County) | 6.6 mi | $275,000 (±$59,479) | Not measurably different |
| Warren Township (Warren County) | 7.5 mi | $171,300 (±$38,687) | Not measurably different |
| Medina Township | 7.9 mi | $284,100 (±$36,824) | Not measurably different |
| West Lafayette | 9.0 mi | $350,000 (±$11,702) | Higher |
| Shelby Township (Tippecanoe County) | 9.2 mi | $329,700 (±$56,838) | Not measurably different |
Nearby places with a measurably lower figure: Davis Township (Fountain County), IN ($123,600).
Nearby places with a measurably higher figure: West Lafayette, IN ($350,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Tippecanoe County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 6 | Washington Township (Tippecanoe County) | $275,800 (±$59,639) |
| 7 | Jackson Township (Tippecanoe County) | $275,000 (±$59,479) |
| 8 | Perry Township (Tippecanoe County) | $274,100 (±$25,687) |
| 9 (tie) | Shadeland | $270,000 (±$18,473) |
| 9 (tie) | Union Township (Tippecanoe County) | $270,000 (±$18,473) |
| 11 | Sheffield Township | $255,700 (±$26,403) |
| 12 | Wayne Township (Tippecanoe County) | $245,800 (±$64,553) |
| 13 | Wea Township | $223,300 (±$7,465) |
| 14 | Randolph Township (Tippecanoe County) | $222,000 (±$83,739) |
| 15 | Lauramie Township | $216,700 (±$106,633) |
| 16 | Dayton | $176,300 (±$14,402) |
| 17 | Lafayette | $172,800 (±$6,485) |
| 18 | Fairfield Township (Tippecanoe County) | $169,600 (±$5,549) |
Showing 13 of 19 places in Tippecanoe 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 Wayne Township (Tippecanoe County)
What is the average home value in Wayne Township (Tippecanoe County), IN?
The Census Bureau publishes the median: $245,800 (±$64,553) for owner-occupied homes in Wayne Township (Tippecanoe County) (2020–2024 American Community Survey).
Have home values in Wayne Township (Tippecanoe County) gone up?
In Wayne Township (Tippecanoe County), the median home value went from $174,500 in 2015–2019 to $245,800 in 2020–2024 (+40.9%).
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 Wayne Township (Tippecanoe 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 — Wayne township, Tippecanoe County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Wayne township, Tippecanoe County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Wayne township, Tippecanoe County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Wayne township, Tippecanoe 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 Wayne township, Tippecanoe County, Indiana (county subdivision:81926, in state:18 county:157).
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 Wayne Township (Tippecanoe County) at a glance
- Income and affordability in Wayne Township (Tippecanoe County)
- Homeowner costs in Wayne Township (Tippecanoe County)
- Property taxes in Wayne Township (Tippecanoe County)
- Types of homes in Wayne Township (Tippecanoe County)
- Age of homes in Wayne Township (Tippecanoe County)
- Heating fuel in Wayne Township (Tippecanoe County)
- Commute and cars in Wayne Township (Tippecanoe County)
- Population growth in Wayne Township (Tippecanoe County)
- Indiana landlord and tenant rules
- Housing across Tippecanoe County
- Indiana places ranked by median home value
- Housing data for every place in Indiana