Market Overview
Home Prices in Beech Grove, IN
The median home value in Beech Grove, IN is $195,194 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Beech Grove are priced52% below average. Beech Grove is part of the Indianapolis-Carmel-Anderson, IN metro area.
Over the past five years, Beech Grove home values have risen by approximately25.7%, reflecting strong long-term appreciation in this market.
Price History
Beech Grove Home Price Trend
City Comparison
Beech Grove vs. National Median
At $195,194, homes in Beech Grove cost 52% below the national median of $410,000. This makes Beech Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Beech Grove?
20% Down Payment
$39,039
on $195,194
Monthly P&I
$1,018/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,293/mo
incl. taxes & insurance
Income Needed
$51,720
gross annual (30% rule)
10% Down Option
$19,519
+ PMI applies
Loan Amount (20% dn)
$156,155
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 Beech Grove, IN?
The median home value in Beech Grove is $195,194 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in Beech Grove?
Over the past year, home values in Beech Grove have decreased by 1.5%. Over five years, prices have risen approximately 25.7%.
How much do I need to earn to buy a home in Beech Grove?
To comfortably afford the median home price of $195,194 with a 20% down payment ($39,039) at today's rates (6.8%), you'd need a gross annual income of approximately $51,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Beech Grove compare to the national average home price?
The national median home value is approximately $410,000. At $195,194, homes in Beech Grove are 52% below the national average.
What metro area is Beech Grove part of?
Beech Grove is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.