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📍 Orestes, IN · Zillow ZHVI · July 2026

Average Home Price in
Orestes, IN

Indianapolis-Carmel-Anderson, IN metro area · Madison County County

Median Home Value
$123,390
↑ 9.5% year-over-year
vs. National Median
$410,000
Orestes is 70% below
Est. Monthly Payment
$644/mo
20% down · 6.8% rate
Income Needed
$33K
gross annual (30% rule)
Median Home Value
$123,390
↑ 9.5% year-over-year
Down Payment (20%)$24,678
Monthly P&I$644/mo
With Taxes & Ins.~$818/mo
Income Needed$32,720/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Orestes, IN

The median home value in Orestes, IN is $123,390 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.5% compared to a year ago and up 8.8% from two years prior.

Compared to the U.S. national median of $410,000, homes in Orestes are priced70% below average. Orestes is part of the Indianapolis-Carmel-Anderson, IN metro area.

City Comparison

Orestes vs. National Median

🏠 Orestes
$123,390
National Median
$410,000

At $123,390, homes in Orestes cost 70% below the national median of $410,000. This makes Orestes a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Orestes?

20% Down Payment
$24,678
on $123,390
Monthly P&I
$644/mo
30-yr @ 6.8%
Total Monthly Est.
~$818/mo
incl. taxes & insurance
Income Needed
$32,720
gross annual (30% rule)
10% Down Option
$12,339
+ PMI applies
Loan Amount (20% dn)
$98,712
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 Orestes, IN?
The median home value in Orestes is $123,390 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.5% year-over-year.
How much have home prices changed in Orestes?
Over the past year, home values in Orestes have increased by 9.5%.
How much do I need to earn to buy a home in Orestes?
To comfortably afford the median home price of $123,390 with a 20% down payment ($24,678) at today's rates (6.8%), you'd need a gross annual income of approximately $32,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Orestes compare to the national average home price?
The national median home value is approximately $410,000. At $123,390, homes in Orestes are 70% below the national average.
What metro area is Orestes part of?
Orestes is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.