Market Overview
Home Prices in Knox, IN
The median home value in Knox, IN is $229,428 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.1% compared to a year ago and up 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Knox are priced44% below average.
Over the past five years, Knox home values have risen by approximately51.2%, reflecting strong long-term appreciation in this market.
Price History
Knox Home Price Trend
2020
$126,233
$126K
—
2021
$151,766
$152K
+20.2%
2022
$177,935
$178K
+17.2%
2023
$187,232
$187K
+5.2%
2024
$204,227
$204K
+9.1%
2025
$212,201
$212K
+3.9%
2026
$229,428
$229K
+8.1%
City Comparison
Knox vs. National Median
🏠 Knox
$229,428
National Median
$410,000
At $229,428, homes in Knox cost 44% below the national median of $410,000. This makes Knox a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Knox?
20% Down Payment
$45,886
on $229,428
Monthly P&I
$1,197/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,520/mo
incl. taxes & insurance
Income Needed
$60,800
gross annual (30% rule)
10% Down Option
$22,943
+ PMI applies
Loan Amount (20% dn)
$183,542
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 Knox, IN?
The median home value in Knox is $229,428 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.1% year-over-year.
How much have home prices changed in Knox?
Over the past year, home values in Knox have increased by 8.1%. Over five years, prices have risen approximately 51.2%.
How much do I need to earn to buy a home in Knox?
To comfortably afford the median home price of $229,428 with a 20% down payment ($45,886) at today's rates (6.8%), you'd need a gross annual income of approximately $60,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Knox compare to the national average home price?
The national median home value is approximately $410,000. At $229,428, homes in Knox are 44% below the national average.