Market Overview
Home Prices in Trafalgar, IN
The median home value in Trafalgar, IN is $377,096 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.7% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Trafalgar are priced8% below average. Trafalgar is part of the Indianapolis-Carmel-Anderson, IN metro area.
Over the past five years, Trafalgar home values have risen by approximately26.3%, reflecting strong long-term appreciation in this market.
Price History
Trafalgar Home Price Trend
City Comparison
Trafalgar vs. National Median
At $377,096, homes in Trafalgar cost 8% below the national median of $410,000. This makes Trafalgar a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Trafalgar?
20% Down Payment
$75,419
on $377,096
Monthly P&I
$1,967/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,498/mo
incl. taxes & insurance
Income Needed
$99,920
gross annual (30% rule)
10% Down Option
$37,710
+ PMI applies
Loan Amount (20% dn)
$301,677
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 Trafalgar, IN?
The median home value in Trafalgar is $377,096 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.7% year-over-year.
How much have home prices changed in Trafalgar?
Over the past year, home values in Trafalgar have increased by 4.7%. Over five years, prices have risen approximately 26.3%.
How much do I need to earn to buy a home in Trafalgar?
To comfortably afford the median home price of $377,096 with a 20% down payment ($75,419) at today's rates (6.8%), you'd need a gross annual income of approximately $99,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Trafalgar compare to the national average home price?
The national median home value is approximately $410,000. At $377,096, homes in Trafalgar are 8% below the national average.
What metro area is Trafalgar part of?
Trafalgar is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.