Market Overview
Home Prices in Connersville, IN
The median home value in Connersville, IN is $163,029 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 6.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Connersville are priced60% below average. Connersville is part of the Connersville, IN metro area.
Over the past five years, Connersville home values have risen by approximately46.7%, reflecting strong long-term appreciation in this market.
Price History
Connersville Home Price Trend
City Comparison
Connersville vs. National Median
At $163,029, homes in Connersville cost 60% below the national median of $410,000. This makes Connersville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Connersville?
20% Down Payment
$32,606
on $163,029
Monthly P&I
$850/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,080/mo
incl. taxes & insurance
Income Needed
$43,200
gross annual (30% rule)
10% Down Option
$16,303
+ PMI applies
Loan Amount (20% dn)
$130,423
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 Connersville, IN?
The median home value in Connersville is $163,029 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in Connersville?
Over the past year, home values in Connersville have increased by 3.9%. Over five years, prices have risen approximately 46.7%.
How much do I need to earn to buy a home in Connersville?
To comfortably afford the median home price of $163,029 with a 20% down payment ($32,606) at today's rates (6.8%), you'd need a gross annual income of approximately $43,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Connersville compare to the national average home price?
The national median home value is approximately $410,000. At $163,029, homes in Connersville are 60% below the national average.
What metro area is Connersville part of?
Connersville is part of the Connersville, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.