The story of this market
The typical home in Switzerland County, Indiana sells for about $222,500, or $135 per square foot.
Prices are down 16% from a year ago, which gives buyers more room to negotiate. Homes take about 85 days to sell, which is slow. Over the long run, values in this county have grown 32% since 2000. The biggest natural hazard here is strong wind, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,029 a month.
HUD sets the fair market rent for a 2-bedroom at $1,029 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: 2014 (+14.8%). Worst: 2010 (-8.3%). 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
$1,246
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 3 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
75
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $5,292,294.
Mortgage activity
Home lending in this county
78.6%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 461 | 242 | 70% | 5.7% | $165,000 |
| 2019 | 465▲ | 285▲ | 78.6%▲ | 10.4%▲ | $165,000 |
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 Approval rate is approved ÷ decided (withdrawn and incomplete files excluded).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.
Switzerland County, Indiana
Switzerland County's housing market is currently experiencing a period of price correction following recent volatility, with inventory levels remaining tight. The market is driven by limited supply and a stable, rural-focused economy, resulting in a cautious outlook for buyers and sellers alike.
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 14.3% from the nearest retained anchor (published ten-year series (2025)) — 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 · 3 cities · 6 ZIP reports
Median prices moved up 0.1% year over year.
Homes spend a median of 53 days on market with 0.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 3.37% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 11.8% — a stable, low-distress profile.
Deterministic aggregate of 4 researched ZIP reports of 6 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Switzerland 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 7.6%/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 Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
| 47017 | Cross Plains | $289,900 | $186 | +6.2% | 40 | 98.5% | — | 0.8 | 22 | $1,250 | researched Sep 22 |
| 47020 | Florence | $169,900 | $125 | 0% | 52 | — | — | — | 11 | $1,029 | researched Sep 22 |
| 47038 | Patriot | $149,000 | $209 | -15.1% | 95 | 100% | — | 1 | 1 | $720 | researched Sep 22 |
| 47043 | Vevay | $244,136 | $118 | +2.1% | 135 | 96.5% | 12% | 8.4 | 216 | $676 | researched Sep 22 |
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 Switzerland County remain low relative to state and national averages, with no significant upward trends reported in recent local law enforcement summaries.
The county is served primarily by the Switzerland County School Corporation, which maintains a small-town educational environment with limited extracurricular diversity compared to larger urban districts.
The county faces moderate flood risks along the Ohio River corridor, necessitating flood insurance for properties in low-lying areas; wildfire risk is generally low.
Economic momentum is modest, anchored by local government, agriculture, and tourism related to the Ohio River; infrastructure development is focused on maintaining rural connectivity.
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 county offers significant outdoor recreation along the Ohio River, including boating and fishing, alongside historic sites in Vevay and rural scenic landscapes.
The rental market is characterized by limited inventory and high demand for affordable housing, with HUD fair market rents serving as a primary benchmark for the area.
The economy is primarily driven by agriculture, local government, and tourism, with a focus on small-scale business operations and regional service provision.
Transportation is dominated by state highways such as SR 56 and SR 156, which follow the Ohio River; there is no significant public transit infrastructure.
The Switzerland County Assessor manages property assessments, utilizing annual adjustments to reflect market value changes in accordance with Indiana state law.
The county is served by the Switzerland County School Corporation and various local fire and utility districts that manage rural infrastructure.
Property insurance premiums are influenced by regional flood exposure along the Ohio River and general rural fire protection ratings.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Provides extensive opportunities for boating, fishing, and scenic views, serving as the county's primary natural amenity.
Features 19th-century architecture and a charming downtown square that anchors the county's cultural and tourism identity.
Data retrieved from Census Reporter and US Census QuickFacts.
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.