House Prices

House Prices & Home Values Bourbon, IN 2026


Average Data

average house price$171,600
average size per house1841 ft²
average price per ft²94 $ / ft²

04/16/2026 - The value range (VR) for house prices in Bourbon, IN is $84/ sqft to $84/ sqft. An average home with 1841 sqft costs approximately $154,644 to $154,644. Bourbon, IN includes 1 ZIP codes and it is located in Marshall county. The lowest prices are found in ZIP 46504, while the highest are in ZIP 46504. The average price per sqare feet is $94. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Bourbon

4650491 $ / ft²




Historical development of home values in Bourbon

Year Estimated value (USD) Change vs. 2025
2010 $79,694 -53.6%
2011 $76,612 -55.4%
2012 $76,406 -55.5%
2013 $79,262 -53.8%
2014 $83,203 -51.5%
2015 $87,473 -49.0%
2016 $92,038 -46.4%
2017 $97,006 -43.5%
2018 $102,369 -40.3%
2019 $107,116 -37.6%
2020 $112,653 -34.4%
2021 $128,131 -25.3%
2022 $149,372 -13.0%
2023 $157,520 -8.2%
2024 $166,632 -2.9%
2025 $171,600 0.0%

Graph: estimated home values in Bourbon over time (USD)



Example: 100% financing house in Bourbon

Loan amount: $171,600

Interest rate: 6.00%

Fixed monthly payment: $1,028.83

Breakdown in the 1st month:
Interest portion: $858.00  –  Principal portion: $170.83

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,238.68 $2,107.27 $169,492.73
2 $10,108.70 $2,237.24 $167,255.49
3 $9,970.72 $2,375.23 $164,880.26
4 $9,824.22 $2,521.73 $162,358.54
5 $9,668.68 $2,677.26 $159,681.28
6 $9,503.56 $2,842.39 $156,838.89
7 $9,328.24 $3,017.70 $153,821.19
8 $9,142.12 $3,203.83 $150,617.36
9 $8,944.51 $3,401.43 $147,215.93
10 $8,734.72 $3,611.22 $143,604.70
11 $8,511.99 $3,833.96 $139,770.75
12 $8,275.52 $4,070.43 $135,700.32
13 $8,024.46 $4,321.48 $131,378.84
14 $7,757.92 $4,588.02 $126,790.82
15 $7,474.94 $4,871.00 $121,919.82
16 $7,174.51 $5,171.43 $116,748.38
17 $6,855.55 $5,490.40 $111,257.99
18 $6,516.91 $5,829.03 $105,428.96
19 $6,157.39 $6,188.55 $99,240.40
20 $5,775.69 $6,570.25 $92,670.15
21 $5,370.46 $6,975.49 $85,694.67
22 $4,940.22 $7,405.72 $78,288.94
23 $4,483.45 $7,862.49 $70,426.45
24 $3,998.51 $8,347.43 $62,079.02
25 $3,483.66 $8,862.28 $53,216.74
26 $2,937.06 $9,408.89 $43,807.85
27 $2,356.74 $9,989.21 $33,818.64
28 $1,740.62 $10,605.32 $23,213.32
29 $1,086.51 $11,259.43 $11,953.89
30 $392.05 $11,953.89 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Bourbon, IN


1500 sqft3900 sqft
Ø selling price$170,610$362,935
Ø fast selling$155,100$326,641
Ø high price sale$186,121$399,228

In 2026, houses in Bourbon, IN will be offered at an average price of $94 per square foot. A 1,500 sqft home priced at $170,610 is 24.89% more expensive per square foot than a 3,900 sqft home priced at $362,935. Home prices in Bourbon, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $251,263. Sellers who can wait longer may achieve a higher price of up to $307,098.


Bourbon, IN: Small-Town Charm in Northern Indiana

Bourbon, IN is a welcoming small town in Marshall County that blends Midwestern charm with practical convenience.
Located along U.S. 30 between Warsaw and Plymouth, Bourbon Indiana offers quick regional access for commuters and visitors.
Its walkable downtown, locally owned shops, and friendly neighborhoods make living in Bourbon Indiana feel relaxed and connected.

Location and Lifestyle

Families appreciate the strong community spirit, seasonal events, and well-kept parks that create plenty of things to do in Bourbon IN year-round.
Agriculture and light manufacturing anchor the local economy, while entrepreneurs find a supportive, business-friendly environment.

Community and Education

Outdoor enthusiasts enjoy proximity to northern Indiana lake country, quiet country roads, and scenic sunrise farmland views.
Education is served by the Triton School Corporation, known for close-knit classrooms, athletics, and community involvement.
The Bourbon Public Library and civic groups offer programs for all ages, from story time to volunteer opportunities.

Housing and Quality of Life

Homebuyers seeking real estate in Bourbon IN will find affordable options, historic homes, and new builds with room to grow.
Whether you?re planning a visit or a move, Bourbon, IN delivers small-town comfort, strategic location, and genuine Hoosier hospitality.



FAQ – Home Values in Bourbon

What is the median home value in Bourbon in 2026?

In 2026, the typical home value in Bourbon is about $171,600 for an average home size of 1841 square feet. This corresponds to an average price of roughly $94 per square foot.

What is the average cost per square foot in Bourbon?

In 2026, homes in Bourbon sell for an average of around $94 per square foot, with a typical range between $84 and $84 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Bourbon is about 1841 square feet, with an estimated 2026 value around $171,600.



Locations close to Bourbon, IN

Bremen, IN97 $ / ft²
Bristol, IN156 $ / ft²
Burket, IN101 $ / ft²
Atwood, IN113 $ / ft²
Argos, IN107 $ / ft²
Merrillville, IN101 $ / ft²
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