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Buying a home in Wyatt, Indiana

The typical owner-occupied home in Wyatt is worth about $210,000, 4% below the Indiana median of $218,200 and 37% below the national median of $332,700. The median household earns $63,438 a year, so the median home costs 3.3 times the median income (3.0 times for Indiana). 76% of occupied homes here are lived in by their owners, and 100% of those owners still have a mortgage.

Wyatt at a glance

Wyatt Indiana U.S.
Median home value $210,000 $218,200 $332,700
Median property tax paid per year – $1,614 $3,119
Median household income $63,438 $71,957 $80,734
Homes lived in by their owners 76% 71% 65%
Owner homes with a mortgage 100% 64% 61%
Median monthly costs, owners with a mortgage $900 $1,404 $1,963
Median rent – $1,062 $1,413
Median year homes were built 1938 1976 1980
Vacant homes 0.0% 8.8% 10.1%
Population 80 6,851,073 334,922,499

What a typical home costs per month in Wyatt

At this week's average 30-year rate of 7.11%, buying the median Wyatt home of $210,000 with 20% down costs about $1,410 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,760, 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 $60,435 for the 20%-down payment. That payment is 27% of the median Wyatt household income of $63,438; at that income and 20% down, the 28% guideline points to a home of about $220,000.

20% down, 30-year conventional loan
Down payment$42,000
Loan amount$168,000
Principal and interest$1,130
Property taxes (1.10% a year)$192
Homeowners insurance (our estimate, 0.5% a year)$88
PMI$0
Total per month$1,410

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3.5% down, 30-year FHA loan
Down payment$7,350
Loan amount$206,196
Principal and interest$1,387
Property taxes (1.10% a year)$192
Homeowners insurance (our estimate, 0.5% a year)$88
FHA mortgage insurance$93
Total per month$1,760

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Questions about home buying in Wyatt

What is the median home value in Wyatt?

About $210,000 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 Wyatt?

For the median home with 20% down at 7.11%, the payment is about $1,410 a month. Keeping that under 28% of gross income takes about $60,435 a year.

More about Wyatt

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