Market Overview
Home Prices in Springport, IN
The median home value in Springport, IN is $265,263 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 5.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Springport are priced35% below average. Springport is part of the New Castle, IN metro area.
Over the past five years, Springport home values have risen by approximately38.7%, reflecting strong long-term appreciation in this market.
Price History
Springport Home Price Trend
City Comparison
Springport vs. National Median
At $265,263, homes in Springport cost 35% below the national median of $410,000. This makes Springport a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Springport?
20% Down Payment
$53,053
on $265,263
Monthly P&I
$1,383/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,756/mo
incl. taxes & insurance
Income Needed
$70,240
gross annual (30% rule)
10% Down Option
$26,526
+ PMI applies
Loan Amount (20% dn)
$212,210
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 Springport, IN?
The median home value in Springport is $265,263 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Springport?
Over the past year, home values in Springport have increased by 3.3%. Over five years, prices have risen approximately 38.7%.
How much do I need to earn to buy a home in Springport?
To comfortably afford the median home price of $265,263 with a 20% down payment ($53,053) at today's rates (6.8%), you'd need a gross annual income of approximately $70,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Springport compare to the national average home price?
The national median home value is approximately $410,000. At $265,263, homes in Springport are 35% below the national average.
What metro area is Springport part of?
Springport is part of the New Castle, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.