Hancock County (E of Indy)

With a relatively mild climate given its geographical location, Hancock County remains a location that appeals to a wide variety of age groups. Average temperatures of low 20’s in winter, and mid 80’s in summer mean the availability of outdoor activities is broad.

Local real estate in Hancock County varies widely due to the rural areas within the county. Currently, the market is quite healthy with an appreciation rate of just over five percent in the last 12 months. With an average time on market of under 60 days, sellers can have realistic expectations about selling their homes within a few months. The default rate on mortgages in Hancock County remains low at less than two percent, creating an environment with few vacant or abandoned homes.

The median listing price for available homes is approximately $250,000 in Hancock County, and the current median home value is just over $170,000. Hancock County homes are expected to continue to increase in value over the next year, supporting the healthy market seen in this area. Rural homes are available with acreage and privacy, and more suburban homes in tight-knit communities are also readily available in Hancock County.