Market Overview
Home Prices in Loogootee, IN
The median home value in Loogootee, IN is $255,520 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.6% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Loogootee are priced38% below average. Loogootee is part of the Washington, IN metro area.
Over the past five years, Loogootee home values have risen by approximately35.2%, reflecting strong long-term appreciation in this market.
Price History
Loogootee Home Price Trend
City Comparison
Loogootee vs. National Median
At $255,520, homes in Loogootee cost 38% below the national median of $410,000. This makes Loogootee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Loogootee?
20% Down Payment
$51,104
on $255,520
Monthly P&I
$1,333/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,693/mo
incl. taxes & insurance
Income Needed
$67,720
gross annual (30% rule)
10% Down Option
$25,552
+ PMI applies
Loan Amount (20% dn)
$204,416
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 Loogootee, IN?
The median home value in Loogootee is $255,520 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.6% year-over-year.
How much have home prices changed in Loogootee?
Over the past year, home values in Loogootee have increased by 5.6%. Over five years, prices have risen approximately 35.2%.
How much do I need to earn to buy a home in Loogootee?
To comfortably afford the median home price of $255,520 with a 20% down payment ($51,104) at today's rates (6.8%), you'd need a gross annual income of approximately $67,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Loogootee compare to the national average home price?
The national median home value is approximately $410,000. At $255,520, homes in Loogootee are 38% below the national average.
What metro area is Loogootee part of?
Loogootee is part of the Washington, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.