Market Overview
Home Prices in Southport, IN
The median home value in Southport, IN is $232,083 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.8% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Southport are priced43% below average. Southport is part of the Indianapolis-Carmel-Anderson, IN metro area.
Over the past five years, Southport home values have risen by approximately21.9%, reflecting strong long-term appreciation in this market.
Price History
Southport Home Price Trend
City Comparison
Southport vs. National Median
At $232,083, homes in Southport cost 43% below the national median of $410,000. This makes Southport a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Southport?
20% Down Payment
$46,417
on $232,083
Monthly P&I
$1,210/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,537/mo
incl. taxes & insurance
Income Needed
$61,480
gross annual (30% rule)
10% Down Option
$23,208
+ PMI applies
Loan Amount (20% dn)
$185,666
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 Southport, IN?
The median home value in Southport is $232,083 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.8% year-over-year.
How much have home prices changed in Southport?
Over the past year, home values in Southport have increased by 0.8%. Over five years, prices have risen approximately 21.9%.
How much do I need to earn to buy a home in Southport?
To comfortably afford the median home price of $232,083 with a 20% down payment ($46,417) at today's rates (6.8%), you'd need a gross annual income of approximately $61,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Southport compare to the national average home price?
The national median home value is approximately $410,000. At $232,083, homes in Southport are 43% below the national average.
What metro area is Southport part of?
Southport is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.