Market Overview
Home Prices in Chalmers, IN
The median home value in Chalmers, IN is $234,245 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.3% compared to a year ago and up 7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chalmers are priced43% below average.
Over the past five years, Chalmers home values have risen by approximately41.6%, reflecting strong long-term appreciation in this market.
Price History
Chalmers Home Price Trend
2020
$141,291
$141K
—
2021
$165,445
$165K
+17.1%
2022
$189,929
$190K
+14.8%
2023
$191,677
$192K
+0.9%
2024
$204,103
$204K
+6.5%
2025
$218,404
$218K
+7.0%
2026
$234,245
$234K
+7.3%
City Comparison
Chalmers vs. National Median
🏠 Chalmers
$234,245
National Median
$410,000
At $234,245, homes in Chalmers cost 43% below the national median of $410,000. This makes Chalmers a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chalmers?
20% Down Payment
$46,849
on $234,245
Monthly P&I
$1,222/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,552/mo
incl. taxes & insurance
Income Needed
$62,080
gross annual (30% rule)
10% Down Option
$23,425
+ PMI applies
Loan Amount (20% dn)
$187,396
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 Chalmers, IN?
The median home value in Chalmers is $234,245 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.3% year-over-year.
How much have home prices changed in Chalmers?
Over the past year, home values in Chalmers have increased by 7.3%. Over five years, prices have risen approximately 41.6%.
How much do I need to earn to buy a home in Chalmers?
To comfortably afford the median home price of $234,245 with a 20% down payment ($46,849) at today's rates (6.8%), you'd need a gross annual income of approximately $62,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Chalmers compare to the national average home price?
The national median home value is approximately $410,000. At $234,245, homes in Chalmers are 43% below the national average.