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Buying a home in Stendal, Indiana

The typical owner-occupied home in Stendal is worth about $258,300, 18% above the Indiana median of $218,200 and 22% below the national median of $332,700. 100% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.

Stendal at a glance

Stendal Indiana U.S.
Median home value $258,300 $218,200 $332,700
Median property tax paid per year – $1,614 $3,119
Median household income – $71,957 $80,734
Homes lived in by their owners 100% 71% 65%
Owner homes with a mortgage 36% 64% 61%
Median monthly costs, owners with a mortgage – $1,404 $1,963
Median rent – $1,062 $1,413
Median year homes were built 1973 1976 1980
Vacant homes 16.2% 8.8% 10.1%
Population 155 6,851,073 334,922,499

What a typical home costs per month in Stendal

At this week's average 30-year rate of 7.11%, buying the median Stendal home of $258,300 with 20% down costs about $1,734 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,165, 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 $74,335 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$51,660
Loan amount$206,640
Principal and interest$1,390
Property taxes (1.10% a year)$237
Homeowners insurance (our estimate, 0.5% a year)$108
PMI$0
Total per month$1,734

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3.5% down, 30-year FHA loan
Down payment$9,040
Loan amount$253,622
Principal and interest$1,706
Property taxes (1.10% a year)$237
Homeowners insurance (our estimate, 0.5% a year)$108
FHA mortgage insurance$114
Total per month$2,165

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Questions about home buying in Stendal

What is the median home value in Stendal?

About $258,300 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 Stendal?

For the median home with 20% down at 7.11%, the payment is about $1,734 a month. Keeping that under 28% of gross income takes about $74,335 a year.

More about Stendal

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