Market Overview
Home Prices in Gaston, IN
The median home value in Gaston, IN is $209,924 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and up 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gaston are priced49% below average. Gaston is part of the Muncie, IN metro area.
Over the past five years, Gaston home values have risen by approximately37.7%, reflecting strong long-term appreciation in this market.
Price History
Gaston Home Price Trend
City Comparison
Gaston vs. National Median
At $209,924, homes in Gaston cost 49% below the national median of $410,000. This makes Gaston a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gaston?
20% Down Payment
$41,985
on $209,924
Monthly P&I
$1,095/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,391/mo
incl. taxes & insurance
Income Needed
$55,640
gross annual (30% rule)
10% Down Option
$20,992
+ PMI applies
Loan Amount (20% dn)
$167,939
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 Gaston, IN?
The median home value in Gaston is $209,924 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Gaston?
Over the past year, home values in Gaston have increased by 4.1%. Over five years, prices have risen approximately 37.7%.
How much do I need to earn to buy a home in Gaston?
To comfortably afford the median home price of $209,924 with a 20% down payment ($41,985) at today's rates (6.8%), you'd need a gross annual income of approximately $55,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Gaston compare to the national average home price?
The national median home value is approximately $410,000. At $209,924, homes in Gaston are 49% below the national average.
What metro area is Gaston part of?
Gaston is part of the Muncie, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.