The typical owner-occupied home in Solsberry is worth about $447,400, 2.1 times the Indiana median of $218,200 and 34% above the national median of $332,700. The median household earns $230,724 a year, so the median home costs 1.9 times the median income (3.0 times for Indiana). 100% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Solsberry at a glance
| Solsberry | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $447,400 | $218,200 | $332,700 |
| Median property tax paid per year | – | $1,614 | $3,119 |
| Median household income | $230,724 | $71,957 | $80,734 |
| Homes lived in by their owners | 100% | 71% | 65% |
| Owner homes with a mortgage | 0% | 64% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,404 | $1,963 |
| Median rent | – | $1,062 | $1,413 |
| Median year homes were built | 1993 | 1976 | 1980 |
| Vacant homes | 0.0% | 8.8% | 10.1% |
| Population | 184 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Solsberry
At this week's average 30-year rate of 7.11%, buying the median Solsberry home of $447,400 with 20% down costs about $3,004 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,750, 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 $128,755 for the 20%-down payment. That payment is 16% of the median Solsberry household income of $230,724; at that income and 20% down, the 28% guideline points to a home of about $802,000.
| Down payment | $89,480 |
|---|---|
| Loan amount | $357,920 |
| Principal and interest | $2,408 |
| Property taxes (1.10% a year) | $410 |
| Homeowners insurance (our estimate, 0.5% a year) | $186 |
| PMI | $0 |
| Total per month | $3,004 |
Change the numbers in the calculator
| Down payment | $15,659 |
|---|---|
| Loan amount | $439,296 |
| Principal and interest | $2,955 |
| Property taxes (1.10% a year) | $410 |
| Homeowners insurance (our estimate, 0.5% a year) | $186 |
| FHA mortgage insurance | $198 |
| Total per month | $3,750 |
Change the numbers in the calculator
Questions about home buying in Solsberry
What is the median home value in Solsberry?
About $447,400 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 Solsberry?
For the median home with 20% down at 7.11%, the payment is about $3,004 a month. Keeping that under 28% of gross income takes about $128,755 a year.
More about Solsberry
- Mortgage Refinance in Solsberry
- Debt Relief in Solsberry
- Home Equity Loans in Solsberry
- 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