Market Overview
Home Prices in Scipio, IN
The median home value in Scipio, IN is $267,296 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.4% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Scipio are priced35% below average. Scipio is part of the North Vernon, IN metro area.
Over the past five years, Scipio home values have risen by approximately43.7%, reflecting strong long-term appreciation in this market.
Price History
Scipio Home Price Trend
City Comparison
Scipio vs. National Median
At $267,296, homes in Scipio cost 35% below the national median of $410,000. This makes Scipio a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Scipio?
20% Down Payment
$53,459
on $267,296
Monthly P&I
$1,394/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,770/mo
incl. taxes & insurance
Income Needed
$70,800
gross annual (30% rule)
10% Down Option
$26,730
+ PMI applies
Loan Amount (20% dn)
$213,837
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 Scipio, IN?
The median home value in Scipio is $267,296 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.4% year-over-year.
How much have home prices changed in Scipio?
Over the past year, home values in Scipio have increased by 8.4%. Over five years, prices have risen approximately 43.7%.
How much do I need to earn to buy a home in Scipio?
To comfortably afford the median home price of $267,296 with a 20% down payment ($53,459) at today's rates (6.8%), you'd need a gross annual income of approximately $70,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Scipio compare to the national average home price?
The national median home value is approximately $410,000. At $267,296, homes in Scipio are 35% below the national average.
What metro area is Scipio part of?
Scipio is part of the North Vernon, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.