Market Overview
Home Prices in Bainbridge, IN
The median home value in Bainbridge, IN is $300,896 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bainbridge are priced27% below average. Bainbridge is part of the Indianapolis-Carmel-Anderson, IN metro area.
Over the past five years, Bainbridge home values have risen by approximately42.3%, reflecting strong long-term appreciation in this market.
Price History
Bainbridge Home Price Trend
City Comparison
Bainbridge vs. National Median
At $300,896, homes in Bainbridge cost 27% below the national median of $410,000. This makes Bainbridge a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bainbridge?
20% Down Payment
$60,179
on $300,896
Monthly P&I
$1,569/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,993/mo
incl. taxes & insurance
Income Needed
$79,720
gross annual (30% rule)
10% Down Option
$30,090
+ PMI applies
Loan Amount (20% dn)
$240,717
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bainbridge, IN?
The median home value in Bainbridge is $300,896 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Bainbridge?
Over the past year, home values in Bainbridge have increased by 4.1%. Over five years, prices have risen approximately 42.3%.
How much do I need to earn to buy a home in Bainbridge?
To comfortably afford the median home price of $300,896 with a 20% down payment ($60,179) at today's rates (6.8%), you'd need a gross annual income of approximately $79,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Bainbridge compare to the national average home price?
The national median home value is approximately $410,000. At $300,896, homes in Bainbridge are 27% below the national average.
What metro area is Bainbridge part of?
Bainbridge is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.