The typical owner-occupied home in Indian Wells is worth about $82,200, 79% below the Arizona median of $394,500 and 75% below the national median of $332,700. The median household earns $49,250 a year, so the median home costs 1.7 times the median income (4.9 times for Arizona). 85% of occupied homes here are lived in by their owners, and 3% of those owners still have a mortgage.
Indian Wells at a glance
| Indian Wells | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $82,200 | $394,500 | $332,700 |
| Median property tax paid per year | – | $1,879 | $3,119 |
| Median household income | $49,250 | $79,964 | $80,734 |
| Homes lived in by their owners | 85% | 67% | 65% |
| Owner homes with a mortgage | 3% | 62% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,803 | $1,963 |
| Median rent | $1,071 | $1,543 | $1,413 |
| Rent as a share of renters' income | 27.5% | 30.8% | 30.6% |
| Median year homes were built | 1987 | 1992 | 1980 |
| Vacant homes | 11.4% | 10.5% | 10.1% |
| Population | 318 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Indian Wells
At this week's average 30-year rate of 7.11%, buying the median Indian Wells home of $82,200 with 20% down costs about $552 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $689, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $23,656 for the 20%-down payment. That payment is 13% of the median Indian Wells household income of $49,250; at that income and 20% down, the 28% guideline points to a home of about $171,000.
The median rent here is $1,071 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $16,440 |
|---|---|
| Loan amount | $65,760 |
| Principal and interest | $442 |
| Property taxes (1.10% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $34 |
| PMI | $0 |
| Total per month | $552 |
Change the numbers in the calculator
| Down payment | $2,877 |
|---|---|
| Loan amount | $80,711 |
| Principal and interest | $543 |
| Property taxes (1.10% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $34 |
| FHA mortgage insurance | $36 |
| Total per month | $689 |
Change the numbers in the calculator
Questions about home buying in Indian Wells
What is the median home value in Indian Wells?
About $82,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Indian Wells?
For the median home with 20% down at 7.11%, the payment is about $552 a month. Keeping that under 28% of gross income takes about $23,656 a year.
More about Indian Wells
- Mortgage Refinance in Indian Wells
- Debt Relief in Indian Wells
- Home Equity Loans in Indian Wells
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data