Market Overview
Home Prices in Straughn, IN
The median home value in Straughn, IN is $182,050 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Straughn are priced56% below average. Straughn is part of the New Castle, IN metro area.
Over the past five years, Straughn home values have risen by approximately34.4%, reflecting strong long-term appreciation in this market.
Price History
Straughn Home Price Trend
City Comparison
Straughn vs. National Median
At $182,050, homes in Straughn cost 56% below the national median of $410,000. This makes Straughn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Straughn?
20% Down Payment
$36,410
on $182,050
Monthly P&I
$949/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,205/mo
incl. taxes & insurance
Income Needed
$48,200
gross annual (30% rule)
10% Down Option
$18,205
+ PMI applies
Loan Amount (20% dn)
$145,640
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 Straughn, IN?
The median home value in Straughn is $182,050 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Straughn?
Over the past year, home values in Straughn have increased by 1.6%. Over five years, prices have risen approximately 34.4%.
How much do I need to earn to buy a home in Straughn?
To comfortably afford the median home price of $182,050 with a 20% down payment ($36,410) at today's rates (6.8%), you'd need a gross annual income of approximately $48,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Straughn compare to the national average home price?
The national median home value is approximately $410,000. At $182,050, homes in Straughn are 56% below the national average.
What metro area is Straughn part of?
Straughn is part of the New Castle, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.