Granger, Indiana Real Estate & Housing Market

Granger, IN Listings

For Sale For Rent

Find real estate listings

Find rental listings

Granger Housing Information

Index	Granger	Indiana	National
Median home price	$198,300	$126,500	$184,700
Median rent asked	$1,428	$758	$949
Avg. people per household	3.1	2.5	2.6
Owner occupied households	95.6%	68.7%	63.6%
Renter occupied households	4.4%	31.3%	36.4%

Above, you'll find an overview of the real estate market in Granger, IN. Generally, real estate in the Granger, IN area is less affordable in Indiana, as the median price of a home in Granger, IN is $198,300, which is 57% higher than the Indiana average. The median rental price in Granger, IN is $1,428. This is 88% higher than the average rental price in Indiana. Home owners comprise 95.6% of the population of Granger, IN, where an average of 3.1 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Granger, IN. Below, you can search for real estate listings in Granger, IN using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Granger Home Affordability

When searching for real estate in Granger, IN, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Granger, IN, the median house price is $198,300, while the median income for households in the area is $93,825. Therefore, the ratio of house price to income is 2.1x; this ratio is 16% lower than the average in Indiana. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Granger, IN.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Notre Dame, IN	6,724	$0	100%
Vandalia, MI	429	$38,700	79%
Cassopolis, MI	1,726	$67,400	64%
Niles, MI	11,379	$76,300	59%
South Bend, IN	101,037	$80,500	56%
Granger, IN	30,819	$198,300	7%

Cities with similar population

City, State	Population	Home Price	National Avg.
Oceanside, NY	30,813	$437,300	137%
Saratoga, CA	30,830	$1,742,900	844%
Miami Lakes, FL	30,833	$326,500	77%
Holladay, UT	30,793	$355,300	92%
Queen Creek, AZ	30,849	$282,600	53%
Granger, IN	30,819	$198,300	7%

Source: The Granger, IN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).