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Prospect, IN Home Values and Rents
The median home value in Prospect is $215,800.
- Median home value
- $215,800
- ACS 2020-2024
- Price change, 1 year
- +0.9%
- County index, 2025
- Homeownership
- 43.3%
- IN: 70.6%
Orange County home price trend
FHFA annual House Price Index for Orange County, 2000 = 100, compared with Indiana
Show as a table
| Period | Orange County |
|---|---|
| 2025 | 222 |
| 2024 | 220 |
| 2023 | 187 |
| 2022 | 193 |
| 2021 | 170 |
| 2020 | 141 |
| 2019 | 137 |
| 2018 | 130 |
| 2017 | 128 |
| 2016 | 114 |
| 2015 | 118 |
| 2014 | 106 |
| 2013 | 117 |
| 2012 | 112 |
| 2011 | 121 |
Over five years, Orange County prices changed +58.2%, compared with +39.4% for Indiana.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Fair Market Rents, FY2027
HUD rent standard for Orange County, IN
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $759 | +10.8% |
| 1 bedroom | $826 | +13.3% |
| 2 bedrooms | $1,014 | +6.1% |
| 3 bedrooms | $1,378 | +3.6% |
| 4 bedrooms | $1,637 | +4.7% |
Frequently asked questions
- What is the median home value in Prospect, IN?
- The median home value in Prospect is $215,800, based on the American Community Survey 2020-2024 5-year estimates. The Indiana median is $218,200.
- Are home prices going up in Prospect?
- Home prices in Orange County changed +0.9% over one year and +58.2% over five years, as of 2025.