Market Overview
Home Prices in Patriot, IN
The median home value in Patriot, IN is $241,862 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.7% 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 Patriot are priced41% below average.
Over the past five years, Patriot home values have risen by approximately46.3%, reflecting strong long-term appreciation in this market.
Price History
Patriot Home Price Trend
2020
$135,329
$135K
—
2021
$165,318
$165K
+22.2%
2022
$191,202
$191K
+15.7%
2023
$193,698
$194K
+1.3%
2024
$208,446
$208K
+7.6%
2025
$226,752
$227K
+8.8%
2026
$241,862
$242K
+6.7%
City Comparison
Patriot vs. National Median
🏠 Patriot
$241,862
National Median
$410,000
At $241,862, homes in Patriot cost 41% below the national median of $410,000. This makes Patriot a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Patriot?
20% Down Payment
$48,372
on $241,862
Monthly P&I
$1,261/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,601/mo
incl. taxes & insurance
Income Needed
$64,040
gross annual (30% rule)
10% Down Option
$24,186
+ PMI applies
Loan Amount (20% dn)
$193,490
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 Patriot, IN?
The median home value in Patriot is $241,862 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.7% year-over-year.
How much have home prices changed in Patriot?
Over the past year, home values in Patriot have increased by 6.7%. Over five years, prices have risen approximately 46.3%.
How much do I need to earn to buy a home in Patriot?
To comfortably afford the median home price of $241,862 with a 20% down payment ($48,372) at today's rates (6.8%), you'd need a gross annual income of approximately $64,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Patriot compare to the national average home price?
The national median home value is approximately $410,000. At $241,862, homes in Patriot are 41% below the national average.