House Prices

House Prices & Home Values Paragon, IN 2026


Average Data

average house price$220,000
average size per house2052 ft²
average price per ft²108 $ / ft²

04/21/2026 - The value range (VR) for house prices in Paragon, IN is $107/ sqft to $107/ sqft. An average home with 2052 sqft costs approximately $219,564 to $219,564. Paragon, IN includes 1 ZIP codes and it is located in Morgan county. The lowest prices are found in ZIP 46166, while the highest are in ZIP 46166. The average price per sqare feet is $108. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Paragon

46166102 $ / ft²




Historical development of home values in Paragon

Year Estimated value (USD) Change vs. 2025
2010 $102,172 -53.6%
2011 $98,221 -55.4%
2012 $97,957 -55.5%
2013 $101,618 -53.8%
2014 $106,671 -51.5%
2015 $112,146 -49.0%
2016 $117,998 -46.4%
2017 $124,367 -43.5%
2018 $131,243 -40.3%
2019 $137,328 -37.6%
2020 $144,427 -34.4%
2021 $164,270 -25.3%
2022 $191,502 -13.0%
2023 $201,948 -8.2%
2024 $213,631 -2.9%
2025 $220,000 0.0%

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



Example: 100% financing house in Paragon

Loan amount: $220,000

Interest rate: 6.00%

Fixed monthly payment: $1,319.01

Breakdown in the 1st month:
Interest portion: $1,100.00  –  Principal portion: $219.01

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,126.51 $2,701.63 $217,298.37
2 $12,959.88 $2,868.26 $214,430.12
3 $12,782.97 $3,045.16 $211,384.95
4 $12,595.15 $3,232.98 $208,151.97
5 $12,395.75 $3,432.39 $204,719.59
6 $12,184.05 $3,644.09 $201,075.50
7 $11,959.29 $3,868.85 $197,206.65
8 $11,720.66 $4,107.47 $193,099.18
9 $11,467.32 $4,360.81 $188,738.37
10 $11,198.36 $4,629.77 $184,108.59
11 $10,912.80 $4,915.33 $179,193.27
12 $10,609.64 $5,218.50 $173,974.77
13 $10,287.77 $5,540.36 $168,434.41
14 $9,946.06 $5,882.08 $162,552.33
15 $9,583.26 $6,244.87 $156,307.46
16 $9,198.09 $6,630.04 $149,677.42
17 $8,789.16 $7,038.97 $142,638.45
18 $8,355.02 $7,473.12 $135,165.33
19 $7,894.09 $7,934.04 $127,231.29
20 $7,404.74 $8,423.40 $118,807.89
21 $6,885.20 $8,942.93 $109,864.96
22 $6,333.62 $9,494.51 $100,370.44
23 $5,748.02 $10,080.12 $90,290.33
24 $5,126.30 $10,701.83 $79,588.49
25 $4,466.23 $11,361.90 $68,226.59
26 $3,765.46 $12,062.68 $56,163.91
27 $3,021.46 $12,806.68 $43,357.24
28 $2,231.57 $13,596.56 $29,760.67
29 $1,392.96 $14,435.17 $15,325.50
30 $502.63 $15,325.50 $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 Paragon, IN


1500 sqft3900 sqft
Ø selling price$196,021$416,989
Ø fast selling$178,200$375,290
Ø high price sale$213,841$458,687

In 2026, houses in Paragon, IN will be offered at an average price of $108 per square foot. A 1,500 sqft home priced at $196,021 is 21.83% more expensive per square foot than a 3,900 sqft home priced at $416,989. Home prices in Paragon, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $288,684. Sellers who can wait longer may achieve a higher price of up to $352,836.


Discover Paragon, IN

Located in Morgan County, Paragon, IN is a small Indiana town known for its rural charm and friendly pace of life.

Location & Access

The community sits southwest of Martinsville with convenient drives to Indianapolis and Bloomington for work, shopping, and entertainment.
Its location places residents near major employers and universities while maintaining a peaceful countryside setting.

Community & Lifestyle

Paragon Indiana offers a close-knit community where neighbors gather for school events, seasonal festivals, and volunteer projects.
Local institutions and churches help anchor civic life, and families appreciate the small-class feel in nearby schools.

Things to Do Outdoors

Outdoors enthusiasts enjoy fishing, paddling, and birding along area creeks and the White River corridor, as well as hiking in nearby state forests.
Parks, farm markets, and scenic country roads make weekend exploring easy from downtown Paragon.

Local Businesses & Economy

Small businesses, service trades, and agriculture drive the local economy, with additional jobs accessible in surrounding Morgan County hubs.

Housing & Real Estate

Homebuyers find value in Paragon real estate, from modest in-town houses to acreage properties with room for gardens and workshops.

Plan Your Visit

Plan your visit to Paragon, Indiana to experience welcoming Midwestern hospitality, local dining, and a slower pace that still keeps you close to everything.



FAQ – Home Values in Paragon

What is the median home value in Paragon in 2026?

In 2026, the typical home value in Paragon is about $220,000 for an average home size of 2052 square feet. This corresponds to an average price of roughly $108 per square foot.

What is the average cost per square foot in Paragon?

In 2026, homes in Paragon sell for an average of around $108 per square foot, with a typical range between $107 and $107 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 Paragon is about 2052 square feet, with an estimated 2026 value around $220,000.



Locations close to Paragon, IN

Pittsboro, IN118 $ / ft²
Plainfield, IN139 $ / ft²
Reelsville, IN158 $ / ft²
North Salem, IN117 $ / ft²
Nineveh, IN210 $ / ft²
New Palestine, IN113 $ / ft²
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