The typical owner-occupied home in Avilla is worth about $210,200, 4% below the Indiana median of $218,200 and 37% below the national median of $332,700. Owners pay a median $1,315 a year in property taxes, about 0.63% of their home's value, lower than the Indiana rate of 0.74%. The median household earns $78,880 a year, so the median home costs 2.7 times the median income (3.0 times for Indiana). 72% of occupied homes here are lived in by their owners, and 82% of those owners still have a mortgage.
Avilla at a glance
| Avilla | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $210,200 | $218,200 | $332,700 |
| Median property tax paid per year | $1,315 | $1,614 | $3,119 |
| Property tax as a share of value | 0.63% | 0.74% | 0.94% |
| Median household income | $78,880 | $71,957 | $80,734 |
| Homes lived in by their owners | 72% | 71% | 65% |
| Owner homes with a mortgage | 82% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,038 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 14.9% | 18.1% | 21.0% |
| Median rent | $759 | $1,062 | $1,413 |
| Rent as a share of renters' income | 19.9% | 29.1% | 30.6% |
| Median year homes were built | 1993 | 1976 | 1980 |
| Vacant homes | 8.1% | 8.8% | 10.1% |
| Population | 2,878 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Avilla
At this week's average 30-year rate of 7.11%, buying the median Avilla home of $210,200 with 20% down costs about $1,329 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,679, 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 $56,964 for the 20%-down payment. That payment is 20% of the median Avilla household income of $78,880; at that income and 20% down, the 28% guideline points to a home of about $291,000.
The median rent here is $759 a month, so owning the median home costs about $570 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $42,040 |
|---|---|
| Loan amount | $168,160 |
| Principal and interest | $1,131 |
| Property taxes (0.63% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $88 |
| PMI | $0 |
| Total per month | $1,329 |
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| Down payment | $7,357 |
|---|---|
| Loan amount | $206,393 |
| Principal and interest | $1,388 |
| Property taxes (0.63% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $88 |
| FHA mortgage insurance | $93 |
| Total per month | $1,679 |
Change the numbers in the calculator
Questions about home buying in Avilla
What is the median home value in Avilla?
About $210,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Avilla?
Homeowners pay a median $1,315 a year, which is about 0.63% 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 Avilla?
For the median home with 20% down at 7.11%, the payment is about $1,329 a month. Keeping that under 28% of gross income takes about $56,964 a year.
More about Avilla
- Mortgage Refinance in Avilla
- Debt Relief in Avilla
- Home Equity Loans in Avilla
- 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