Market Overview
Home Prices in Griffin, IN
The median home value in Griffin, IN is $106,213 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.6% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Griffin are priced74% below average. Griffin is part of the Evansville, IN-KY metro area.
Over the past five years, Griffin home values have risen by approximately21.5%, reflecting strong long-term appreciation in this market.
Price History
Griffin Home Price Trend
City Comparison
Griffin vs. National Median
At $106,213, homes in Griffin cost 74% below the national median of $410,000. This makes Griffin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Griffin?
20% Down Payment
$21,243
on $106,213
Monthly P&I
$554/mo
30-yr @ 6.8%
Total Monthly Est.
~$704/mo
incl. taxes & insurance
Income Needed
$28,160
gross annual (30% rule)
10% Down Option
$10,621
+ PMI applies
Loan Amount (20% dn)
$84,970
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 Griffin, IN?
The median home value in Griffin is $106,213 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.6% year-over-year.
How much have home prices changed in Griffin?
Over the past year, home values in Griffin have increased by 4.6%. Over five years, prices have risen approximately 21.5%.
How much do I need to earn to buy a home in Griffin?
To comfortably afford the median home price of $106,213 with a 20% down payment ($21,243) at today's rates (6.8%), you'd need a gross annual income of approximately $28,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Griffin compare to the national average home price?
The national median home value is approximately $410,000. At $106,213, homes in Griffin are 74% below the national average.
What metro area is Griffin part of?
Griffin is part of the Evansville, IN-KY metropolitan area. Home prices and market conditions can vary across the broader metro region.