Market Overview
Home Prices in Mentone, IN
The median home value in Mentone, IN is $214,892 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.7% compared to a year ago and up 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mentone are priced48% below average. Mentone is part of the Warsaw, IN metro area.
Over the past five years, Mentone home values have risen by approximately34.4%, reflecting strong long-term appreciation in this market.
Price History
Mentone Home Price Trend
City Comparison
Mentone vs. National Median
At $214,892, homes in Mentone cost 48% below the national median of $410,000. This makes Mentone a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mentone?
20% Down Payment
$42,978
on $214,892
Monthly P&I
$1,121/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,424/mo
incl. taxes & insurance
Income Needed
$56,960
gross annual (30% rule)
10% Down Option
$21,489
+ PMI applies
Loan Amount (20% dn)
$171,914
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 Mentone, IN?
The median home value in Mentone is $214,892 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.7% year-over-year.
How much have home prices changed in Mentone?
Over the past year, home values in Mentone have increased by 5.7%. Over five years, prices have risen approximately 34.4%.
How much do I need to earn to buy a home in Mentone?
To comfortably afford the median home price of $214,892 with a 20% down payment ($42,978) at today's rates (6.8%), you'd need a gross annual income of approximately $56,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Mentone compare to the national average home price?
The national median home value is approximately $410,000. At $214,892, homes in Mentone are 48% below the national average.
What metro area is Mentone part of?
Mentone is part of the Warsaw, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.