Market Overview
Home Prices in Swayzee, IN
The median home value in Swayzee, IN is $201,744 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 9.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Swayzee are priced51% below average. Swayzee is part of the Marion, IN metro area.
Over the past five years, Swayzee home values have risen by approximately43.4%, reflecting strong long-term appreciation in this market.
Price History
Swayzee Home Price Trend
City Comparison
Swayzee vs. National Median
At $201,744, homes in Swayzee cost 51% below the national median of $410,000. This makes Swayzee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Swayzee?
20% Down Payment
$40,349
on $201,744
Monthly P&I
$1,052/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,336/mo
incl. taxes & insurance
Income Needed
$53,440
gross annual (30% rule)
10% Down Option
$20,174
+ PMI applies
Loan Amount (20% dn)
$161,395
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 Swayzee, IN?
The median home value in Swayzee is $201,744 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Swayzee?
Over the past year, home values in Swayzee have increased by 6.1%. Over five years, prices have risen approximately 43.4%.
How much do I need to earn to buy a home in Swayzee?
To comfortably afford the median home price of $201,744 with a 20% down payment ($40,349) at today's rates (6.8%), you'd need a gross annual income of approximately $53,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Swayzee compare to the national average home price?
The national median home value is approximately $410,000. At $201,744, homes in Swayzee are 51% below the national average.
What metro area is Swayzee part of?
Swayzee is part of the Marion, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.