Market Overview
Home Prices in Sulphur Springs, IN
The median home value in Sulphur Springs, IN is $181,900 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sulphur Springs are priced56% below average. Sulphur Springs is part of the New Castle, IN metro area.
Over the past five years, Sulphur Springs home values have risen by approximately39.5%, reflecting strong long-term appreciation in this market.
Price History
Sulphur Springs Home Price Trend
City Comparison
Sulphur Springs vs. National Median
At $181,900, homes in Sulphur Springs cost 56% below the national median of $410,000. This makes Sulphur Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Sulphur Springs?
20% Down Payment
$36,380
on $181,900
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
$18,190
+ PMI applies
Loan Amount (20% dn)
$145,520
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 Sulphur Springs, IN?
The median home value in Sulphur Springs is $181,900 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Sulphur Springs?
Over the past year, home values in Sulphur Springs have increased by 1.2%. Over five years, prices have risen approximately 39.5%.
How much do I need to earn to buy a home in Sulphur Springs?
To comfortably afford the median home price of $181,900 with a 20% down payment ($36,380) 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 Sulphur Springs compare to the national average home price?
The national median home value is approximately $410,000. At $181,900, homes in Sulphur Springs are 56% below the national average.
What metro area is Sulphur Springs part of?
Sulphur Springs is part of the New Castle, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.