The story of this market
The typical home in Ripley County, Indiana sells for about $222,500, or $125 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. Over the long run, values in this county have grown 114% since 2000. Last year 4 of 7 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is strong wind, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,053 a month.
HUD sets the fair market rent for a 2-bedroom at $1,053 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+11.5%). Worst: 2011 (-4.2%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.7%
IN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,363
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 7 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
67
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $14,055,844.
Mortgage activity
Home lending in this county
79.7%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 1100 | 638 | 75.5% | 5.8% | $155,000 |
| 2019 | 1176▲ | 685▲ | 79.7%▲ | 2% | $160,000▲ |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Ripley County, Indiana
Ripley County's housing market remains stable with modest price appreciation driven by limited inventory and steady demand. The market is characterized by a high owner-occupancy rate and a strong local manufacturing base that supports consistent household income levels.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 25.1% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 5 cities · 6 ZIP reports
Median prices moved up 2.1% year over year.
Homes spend a median of 68 days on market with 4.8 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 9.8% — a stable, low-distress profile.
Ripley County, Indiana — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Oct 28
| 47031 | Milan | $245,000 | $138 | +4.2% | 42 | 98.5% | 12% | 3.1 | 18 | $1,150 | researched Oct 28 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Ripley County remain low compared to state and national averages, with property crime being the primary concern in rural areas.
The county is served by several local school corporations, including Batesville Community School Corporation, which is frequently recognized for high academic performance.
The area faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas near the Whitewater River basin.
Economic momentum is driven by manufacturing and agricultural sectors, with steady residential development occurring near the Batesville and Versailles corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The economy is anchored by manufacturing, particularly in the medical device and furniture sectors, alongside a robust agricultural base.
The county is served by US Highway 50 and State Road 129, providing primary transit corridors for regional commuting.
The Ripley County Assessor maintains property assessments based on annual market value adjustments and cyclical physical inspections.
The county includes various special districts for fire protection, library services, and regional waste management.
Property insurance premiums are generally stable, though coverage for wind and storm damage remains a standard consideration for homeowners.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The second-largest state park in Indiana, offering extensive hiking, mountain biking trails, and fishing opportunities.
A historic district featuring local boutiques, restaurants, and community events that serve as a social hub for the county.
Data retrieved from US Census Bureau ACS 5-year estimates via MoverMath and Point2Homes.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
applies when — Property must be the taxpayer's principal place of residence.
Removes the first $45,000 of the homestead's assessed value from taxation.
Indiana Code 6-1.1-12-37.
Indiana requires a judicial foreclosure process, meaning lenders must file a lawsuit in court to obtain a foreclosure decree.
Indiana Code 32-30-10.
Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments.
Indiana Code 6-1.1-4.
applies when — Applies to the sale, exchange, or installment contract of residential real estate containing not more than four dwelling units.
Requires the seller to complete a disclosure form regarding the condition of the property, subject to specific statutory exemptions (e.g., court-ordered transfers, foreclosures).
Indiana Code 32-21-5.
Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Indiana Constitution Article X, Section 1; Indiana Code 6-1.1-20.6.
≈ $2,225/yr on a $222,500 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.