Housing & Real Estate — Nappanee, Indiana
Overview
| Total Housing Units | 2,985 |
|---|
| Occupied | 2,736 |
|---|
| Vacant | 249 |
|---|
| Owner-Occupied | 1,632 |
|---|
| Renter-Occupied | 1,104 |
|---|
| Median Home Value (Census) | $238,600 |
|---|
| Estimated 2026 | ~$263,000 |
|---|
| Median Rent | $876/mo |
|---|
| Median Property Tax | $1,765/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
|---|
| Rent as % of Income | 15.3% |
|---|
| Severely Rent-Burdened | 41.4% |
|---|
Housing Age
| Built 2010 or later | 610 |
|---|
| Built 2000-2009 | 342 |
|---|
| Built 1990-1999 | 414 |
|---|
| Built before 1960 | 1,045 |
|---|
| Median Year Built | 1981 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
