Market Overview
Home Prices in McCordsville, IN
The median home value in McCordsville, IN is $383,606 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in McCordsville are priced6% below average. McCordsville is part of the Indianapolis-Carmel-Anderson, IN metro area.
Over the past five years, McCordsville home values have risen by approximately24.7%, reflecting strong long-term appreciation in this market.
Price History
McCordsville Home Price Trend
City Comparison
McCordsville vs. National Median
At $383,606, homes in McCordsville cost 6% below the national median of $410,000. This makes McCordsville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in McCordsville?
20% Down Payment
$76,721
on $383,606
Monthly P&I
$2,001/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,541/mo
incl. taxes & insurance
Income Needed
$101,640
gross annual (30% rule)
10% Down Option
$38,361
+ PMI applies
Loan Amount (20% dn)
$306,885
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 McCordsville, IN?
The median home value in McCordsville is $383,606 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in McCordsville?
Over the past year, home values in McCordsville have increased by 0.4%. Over five years, prices have risen approximately 24.7%.
How much do I need to earn to buy a home in McCordsville?
To comfortably afford the median home price of $383,606 with a 20% down payment ($76,721) at today's rates (6.8%), you'd need a gross annual income of approximately $101,640. This assumes keeping total housing costs at or below 30% of gross income.
How does McCordsville compare to the national average home price?
The national median home value is approximately $410,000. At $383,606, homes in McCordsville are 6% below the national average.
What metro area is McCordsville part of?
McCordsville is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.