Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Joppa area can be challenging. Home prices in Joppa are now at a median cost of $265,125, higher than the Indiana average of $175,617.
The average cost of rent is $620/mo in Joppa, primarily driven by the current value of real estate in the Joppa area. While nearly 40.40% of residents own their homes outright in Joppa, 20.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Joppa is $7,111 per month. Households that rent pay about 8.72% of their income on rent here. Joppa's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
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