The typical owner-occupied home in Hartsville is worth about $147,300, 32% below the Indiana median of $218,200 and 56% below the national median of $332,700. Owners pay a median $947 a year in property taxes, about 0.64% of their home's value, lower than the Indiana rate of 0.74%. The median household earns $64,375 a year, so the median home costs 2.3 times the median income (3.0 times for Indiana). 85% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Hartsville at a glance
| Hartsville | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $147,300 | $218,200 | $332,700 |
| Median property tax paid per year | $947 | $1,614 | $3,119 |
| Property tax as a share of value | 0.64% | 0.74% | 0.94% |
| Median household income | $64,375 | $71,957 | $80,734 |
| Homes lived in by their owners | 85% | 71% | 65% |
| Owner homes with a mortgage | 62% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,141 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 18.4% | 18.1% | 21.0% |
| Median rent | $972 | $1,062 | $1,413 |
| Rent as a share of renters' income | 13.0% | 29.1% | 30.6% |
| Median year homes were built | 1944 | 1976 | 1980 |
| Vacant homes | 10.3% | 8.8% | 10.1% |
| Population | 277 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Hartsville
At this week's average 30-year rate of 7.11%, buying the median Hartsville home of $147,300 with 20% down costs about $933 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,178, 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 $39,971 for the 20%-down payment. That payment is 17% of the median Hartsville household income of $64,375; at that income and 20% down, the 28% guideline points to a home of about $237,000.
The median rent here is $972 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $29,460 |
|---|---|
| Loan amount | $117,840 |
| Principal and interest | $793 |
| Property taxes (0.64% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $61 |
| PMI | $0 |
| Total per month | $933 |
Change the numbers in the calculator
| Down payment | $5,156 |
|---|---|
| Loan amount | $144,632 |
| Principal and interest | $973 |
| Property taxes (0.64% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $61 |
| FHA mortgage insurance | $65 |
| Total per month | $1,178 |
Change the numbers in the calculator
Questions about home buying in Hartsville
What is the median home value in Hartsville?
About $147,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hartsville?
Homeowners pay a median $947 a year, which is about 0.64% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Hartsville?
For the median home with 20% down at 7.11%, the payment is about $933 a month. Keeping that under 28% of gross income takes about $39,971 a year.
More about Hartsville
- Mortgage Refinance in Hartsville
- Debt Relief in Hartsville
- Home Equity Loans in Hartsville
- 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