The typical owner-occupied home in Prairieton is worth about $367,700, 69% above the Indiana median of $218,200 and 11% above the national median of $332,700. Owners pay a median $1,944 a year in property taxes, about 0.53% of their home's value, lower than the Indiana rate of 0.74%. 48% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Prairieton at a glance
| Prairieton | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $367,700 | $218,200 | $332,700 |
| Median property tax paid per year | $1,944 | $1,614 | $3,119 |
| Property tax as a share of value | 0.53% | 0.74% | 0.94% |
| Median household income | – | $71,957 | $80,734 |
| Homes lived in by their owners | 48% | 71% | 65% |
| Owner homes with a mortgage | 49% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,110 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 9.0% | 18.1% | 21.0% |
| Median rent | – | $1,062 | $1,413 |
| Median year homes were built | 2002 | 1976 | 1980 |
| Vacant homes | 0.0% | 8.8% | 10.1% |
| Population | 475 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Prairieton
At this week's average 30-year rate of 7.11%, buying the median Prairieton home of $367,700 with 20% down costs about $2,294 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,907, 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 $98,333 for the 20%-down payment.
| Down payment | $73,540 |
|---|---|
| Loan amount | $294,160 |
| Principal and interest | $1,979 |
| Property taxes (0.53% a year) | $162 |
| Homeowners insurance (our estimate, 0.5% a year) | $153 |
| PMI | $0 |
| Total per month | $2,294 |
Change the numbers in the calculator
| Down payment | $12,870 |
|---|---|
| Loan amount | $361,040 |
| Principal and interest | $2,429 |
| Property taxes (0.53% a year) | $162 |
| Homeowners insurance (our estimate, 0.5% a year) | $153 |
| FHA mortgage insurance | $163 |
| Total per month | $2,907 |
Change the numbers in the calculator
Questions about home buying in Prairieton
What is the median home value in Prairieton?
About $367,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Prairieton?
Homeowners pay a median $1,944 a year, which is about 0.53% 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 Prairieton?
For the median home with 20% down at 7.11%, the payment is about $2,294 a month. Keeping that under 28% of gross income takes about $98,333 a year.
More about Prairieton
- Mortgage Refinance in Prairieton
- Debt Relief in Prairieton
- Home Equity Loans in Prairieton
- 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