Market Overview
Home Prices in Vincennes, IN
The median home value in Vincennes, IN is $172,478 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and up 4.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Vincennes are priced58% below average. Vincennes is part of the Vincennes, IN metro area.
Over the past five years, Vincennes home values have risen by approximately35.9%, reflecting strong long-term appreciation in this market.
Price History
Vincennes Home Price Trend
City Comparison
Vincennes vs. National Median
At $172,478, homes in Vincennes cost 58% below the national median of $410,000. This makes Vincennes a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Vincennes?
20% Down Payment
$34,496
on $172,478
Monthly P&I
$900/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,143/mo
incl. taxes & insurance
Income Needed
$45,720
gross annual (30% rule)
10% Down Option
$17,248
+ PMI applies
Loan Amount (20% dn)
$137,982
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 Vincennes, IN?
The median home value in Vincennes is $172,478 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in Vincennes?
Over the past year, home values in Vincennes have increased by 4.3%. Over five years, prices have risen approximately 35.9%.
How much do I need to earn to buy a home in Vincennes?
To comfortably afford the median home price of $172,478 with a 20% down payment ($34,496) at today's rates (6.8%), you'd need a gross annual income of approximately $45,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Vincennes compare to the national average home price?
The national median home value is approximately $410,000. At $172,478, homes in Vincennes are 58% below the national average.
What metro area is Vincennes part of?
Vincennes is part of the Vincennes, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.