Market Overview
Home Prices in French Lick, IN
The median home value in French Lick, IN is $195,920 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in French Lick are priced52% below average. French Lick is part of the Jasper, IN metro area.
Over the past five years, French Lick home values have risen by approximately43.3%, reflecting strong long-term appreciation in this market.
Price History
French Lick Home Price Trend
City Comparison
French Lick vs. National Median
At $195,920, homes in French Lick cost 52% below the national median of $410,000. This makes French Lick a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in French Lick?
20% Down Payment
$39,184
on $195,920
Monthly P&I
$1,022/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,298/mo
incl. taxes & insurance
Income Needed
$51,920
gross annual (30% rule)
10% Down Option
$19,592
+ PMI applies
Loan Amount (20% dn)
$156,736
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 French Lick, IN?
The median home value in French Lick is $195,920 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in French Lick?
Over the past year, home values in French Lick have increased by 5.4%. Over five years, prices have risen approximately 43.3%.
How much do I need to earn to buy a home in French Lick?
To comfortably afford the median home price of $195,920 with a 20% down payment ($39,184) at today's rates (6.8%), you'd need a gross annual income of approximately $51,920. This assumes keeping total housing costs at or below 30% of gross income.
How does French Lick compare to the national average home price?
The national median home value is approximately $410,000. At $195,920, homes in French Lick are 52% below the national average.
What metro area is French Lick part of?
French Lick is part of the Jasper, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.