Market Overview
Home Prices in Bowling Green, IN
The median home value in Bowling Green, IN is $223,070 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.5% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bowling Green are priced46% below average. Bowling Green is part of the Terre Haute, IN metro area.
Over the past five years, Bowling Green home values have risen by approximately31.1%, reflecting strong long-term appreciation in this market.
Price History
Bowling Green Home Price Trend
City Comparison
Bowling Green vs. National Median
At $223,070, homes in Bowling Green cost 46% below the national median of $410,000. This makes Bowling Green a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bowling Green?
20% Down Payment
$44,614
on $223,070
Monthly P&I
$1,163/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,477/mo
incl. taxes & insurance
Income Needed
$59,080
gross annual (30% rule)
10% Down Option
$22,307
+ PMI applies
Loan Amount (20% dn)
$178,456
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 Bowling Green, IN?
The median home value in Bowling Green is $223,070 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.5% year-over-year.
How much have home prices changed in Bowling Green?
Over the past year, home values in Bowling Green have increased by 9.5%. Over five years, prices have risen approximately 31.1%.
How much do I need to earn to buy a home in Bowling Green?
To comfortably afford the median home price of $223,070 with a 20% down payment ($44,614) at today's rates (6.8%), you'd need a gross annual income of approximately $59,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Bowling Green compare to the national average home price?
The national median home value is approximately $410,000. At $223,070, homes in Bowling Green are 46% below the national average.
What metro area is Bowling Green part of?
Bowling Green is part of the Terre Haute, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.