Market Overview
Home Prices in Kingman, IN
The median home value in Kingman, IN is $187,320 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.2% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kingman are priced54% below average. Kingman is part of the Terre Haute, IN metro area.
Over the past five years, Kingman home values have risen by approximately30.3%, reflecting strong long-term appreciation in this market.
Price History
Kingman Home Price Trend
City Comparison
Kingman vs. National Median
At $187,320, homes in Kingman cost 54% below the national median of $410,000. This makes Kingman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Kingman?
20% Down Payment
$37,464
on $187,320
Monthly P&I
$977/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,241/mo
incl. taxes & insurance
Income Needed
$49,640
gross annual (30% rule)
10% Down Option
$18,732
+ PMI applies
Loan Amount (20% dn)
$149,856
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 Kingman, IN?
The median home value in Kingman is $187,320 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.2% year-over-year.
How much have home prices changed in Kingman?
Over the past year, home values in Kingman have increased by 10.2%. Over five years, prices have risen approximately 30.3%.
How much do I need to earn to buy a home in Kingman?
To comfortably afford the median home price of $187,320 with a 20% down payment ($37,464) at today's rates (6.8%), you'd need a gross annual income of approximately $49,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Kingman compare to the national average home price?
The national median home value is approximately $410,000. At $187,320, homes in Kingman are 54% below the national average.
What metro area is Kingman part of?
Kingman is part of the Terre Haute, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.