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Buying a home in Daleville, Indiana

The typical owner-occupied home in Daleville is worth about $117,300, 46% below the Indiana median of $218,200 and 65% below the national median of $332,700. Owners pay a median $800 a year in property taxes, about 0.68% of their home's value, lower than the Indiana rate of 0.74%. The median household earns $50,795 a year, so the median home costs 2.3 times the median income (3.0 times for Indiana). 66% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.

Daleville at a glance

Daleville Indiana U.S.
Median home value $117,300 $218,200 $332,700
Median property tax paid per year $800 $1,614 $3,119
Property tax as a share of value 0.68% 0.74% 0.94%
Median household income $50,795 $71,957 $80,734
Homes lived in by their owners 66% 71% 65%
Owner homes with a mortgage 65% 64% 61%
Median monthly costs, owners with a mortgage $1,061 $1,404 $1,963
Those costs as a share of the owners' income 16.9% 18.1% 21.0%
Median rent $779 $1,062 $1,413
Rent as a share of renters' income 29.0% 29.1% 30.6%
Median year homes were built 1964 1976 1980
Vacant homes 4.9% 8.8% 10.1%
Population 1,584 6,851,073 334,922,499

What a typical home costs per month in Daleville

At this week's average 30-year rate of 7.11%, buying the median Daleville home of $117,300 with 20% down costs about $747 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $942, 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 $31,998 for the 20%-down payment. That payment is 18% of the median Daleville household income of $50,795; at that income and 20% down, the 28% guideline points to a home of about $186,000.

The median rent here is $779 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$23,460
Loan amount$93,840
Principal and interest$631
Property taxes (0.68% a year)$66
Homeowners insurance (our estimate, 0.5% a year)$49
PMI$0
Total per month$747

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3.5% down, 30-year FHA loan
Down payment$4,106
Loan amount$115,175
Principal and interest$775
Property taxes (0.68% a year)$66
Homeowners insurance (our estimate, 0.5% a year)$49
FHA mortgage insurance$52
Total per month$942

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Questions about home buying in Daleville

What is the median home value in Daleville?

About $117,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Daleville?

Homeowners pay a median $800 a year, which is about 0.68% 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 Daleville?

For the median home with 20% down at 7.11%, the payment is about $747 a month. Keeping that under 28% of gross income takes about $31,998 a year.

More about Daleville

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