Market Overview
Home Prices in Lewis, IN
The median home value in Lewis, IN is $223,521 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lewis are priced45% below average. Lewis is part of the Terre Haute, IN metro area.
Over the past five years, Lewis home values have risen by approximately33.8%, reflecting strong long-term appreciation in this market.
Price History
Lewis Home Price Trend
2020
$139,729
$140K
—
2021
$167,096
$167K
+19.6%
2022
$186,293
$186K
+11.5%
2023
$196,024
$196K
+5.2%
2024
$210,129
$210K
+7.2%
2025
$217,852
$218K
+3.7%
2026
$223,521
$224K
+2.6%
City Comparison
Lewis vs. National Median
🏠 Lewis
$223,521
National Median
$410,000
At $223,521, homes in Lewis cost 45% below the national median of $410,000. This makes Lewis a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lewis?
20% Down Payment
$44,704
on $223,521
Monthly P&I
$1,166/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,481/mo
incl. taxes & insurance
Income Needed
$59,240
gross annual (30% rule)
10% Down Option
$22,352
+ PMI applies
Loan Amount (20% dn)
$178,817
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 Lewis, IN?
The median home value in Lewis is $223,521 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Lewis?
Over the past year, home values in Lewis have increased by 2.6%. Over five years, prices have risen approximately 33.8%.
How much do I need to earn to buy a home in Lewis?
To comfortably afford the median home price of $223,521 with a 20% down payment ($44,704) at today's rates (6.8%), you'd need a gross annual income of approximately $59,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Lewis compare to the national average home price?
The national median home value is approximately $410,000. At $223,521, homes in Lewis are 45% below the national average.
What metro area is Lewis part of?
Lewis is part of the Terre Haute, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.