Market Overview
Home Prices in Ligonier, IN
The median home value in Ligonier, IN is $251,958 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% 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 Ligonier are priced39% below average. Ligonier is part of the Kendallville, IN metro area.
Over the past five years, Ligonier home values have risen by approximately37.0%, reflecting strong long-term appreciation in this market.
Price History
Ligonier Home Price Trend
City Comparison
Ligonier vs. National Median
At $251,958, homes in Ligonier cost 39% below the national median of $410,000. This makes Ligonier a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ligonier?
20% Down Payment
$50,392
on $251,958
Monthly P&I
$1,314/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,669/mo
incl. taxes & insurance
Income Needed
$66,760
gross annual (30% rule)
10% Down Option
$25,196
+ PMI applies
Loan Amount (20% dn)
$201,566
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 Ligonier, IN?
The median home value in Ligonier is $251,958 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Ligonier?
Over the past year, home values in Ligonier have increased by 3.1%. Over five years, prices have risen approximately 37.0%.
How much do I need to earn to buy a home in Ligonier?
To comfortably afford the median home price of $251,958 with a 20% down payment ($50,392) at today's rates (6.8%), you'd need a gross annual income of approximately $66,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Ligonier compare to the national average home price?
The national median home value is approximately $410,000. At $251,958, homes in Ligonier are 39% below the national average.
What metro area is Ligonier part of?
Ligonier is part of the Kendallville, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.