Lower Housing Costs and Exceptional Value in Hancock County, Indiana
Are you searching for a new beginning, a place to raise your family or a retirement spot? Look no further than Hancock County—an ideal destination offering charm, comfort, a wide range of amenities, and ample space. From historic residences to modern developments and thriving communities, potential residents are presented with various affordable options.
Your hard-earned money achieves more in Hancock County, as housing expenses stand 22% below the national average. Property values have witnessed an impressive appreciation of nearly 95% over the past decade. Even with this notable rise, home prices remain below the national median. In June 2024, the median sales price for single-family residences in Hancock County was $317,500.
Expansive Residential Growth Shaping Up Across Hancock County, Indiana
Hancock County was the fastest growing county in Indiana in 2023. After looking at recent residential construction data, it's easy to see why--with thousands of homes underway over the past few years and hundreds more planned for the future.
Check out stats for residential building permits filed and proposed in Hancock County's communities over the past few years:
Greenfield
2023
- 113 single-family
- 131 multi-family (by dwelling units)
2022
- 277 single-family
- 229 multi-family
2021
- 222 single-family
- 412 multi-family
McCordsville
2023
- 176 single-family
- 20 townhomes
2022
- 269 single-family
- 202 multi-family
2021
- 437 single-family
Through March of 2024
- 140 single-family
- 15 townhomes
Fortville
2023
- 50 single-family
- 86 multi-family
2022
- 59 single-family
- 42 multi-family
2021
- 113 single-family
Cumberland
2020-2023
- 220 single-family
Proposed
- 268 detached single-family
- 41 attached single-family
- 200 multi-family
New Palestine
2023
- 31 single-family
2022
- 118 single-family
2021
- 213 single-family
The entire Hancock County region is evolving rapidly, offering diverse and ample housing opportunities for current and prospective residents.