Avon, Indiana.
Typical home $355,153 (+1.3% in a year), asking rent $1,882 (+2.4%). Indianapolis-Carmel-Anderson, IN metro.
to buy the typical home at today's mortgage rate — +$986 (+112%) since Jan 2020.
- 1 year
- Up $4,579 +1%
- $350,574$355,153 since Sep 2025
- 5 years
- Up $55,813 +19%
- $299,341$355,153 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Avon$1,864
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 20 years.
Typical home values in Avon, IN rose 1.3% over the past year — in step with the nation.
Asking rents in Avon, IN rose 2.4% over the past year — slower than the nation's +2.7%.
Owning the typical home in Avon runs $601/mo more than renting one. The gap peaked at $821 in Oct 2023.
That is $2,483 a month against $1,882 rent: a $1,864 mortgage payment, plus $239 property tax and $380 insurance & upkeep.
Owning vs renting — Avon
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,483
- Renting$1,882
- Mortgage only$1,864
Property tax · $239/mo 0.81% of value a year — the ACS 2020-2024 median bill over the median home value for Hendricks County, IN
Insurance & upkeep · $380/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Avon, Hendricks County, Indiana
Avon is a town of 21,474 people in Hendricks County. Half its households earn more than $98,486 a year and half less, against $101,144 across Hendricks County; 6% of its people live below the poverty line. 71% of its homes are lived in by their owners and 29% are rented. Unemployment in Hendricks County was 3.0% in August 2026, and the county had 0.4% more jobs in 2025 than the year before. The most residents work in schools and health care, then transport and warehouses.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Avon is a town in Hendricks County, on the western side of the Indianapolis area. Most homes are lived in by their owners, and household incomes run a little below the county's. Residents tend to be of middle age, and a good share of adults hold a four-year degree.
Work. Many residents work in schools, hospitals and social care, with others in transport, warehouses and utilities, in manufacturing, or in professional and business services. Among the largest workplaces in Avon are IU Health West Hospital, Harlan Bakeries and Walmart. Commutes are of moderate length, and a fair number of people work from home.
Things to do. Eagle Creek Park, a large park with gardens, is a short drive away, as is Indianapolis Motor Speedway, the famous race track, and its museum. A longer drive takes you into Indianapolis, where The Children's Museum of Indianapolis and the Indianapolis Zoo are among the better known places to visit. Winters are cold and summers warm, with rain and melted snow spread through the year.
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- 8,835households
- 40%of adults have a degree
- 6%below the poverty line
- 23 mintypical commute
- 16%work from home
What residents work in
Employed residents by industry, from the Census survey. Hendricks County had 81,450 jobs in 2025, 0.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 36° and lows near 21°; warmest in July, with highs near 85° and lows near 67°. About 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Indianapolis Eagle Creek Airport weather station, 7 miles away (NOAA).
Largest workplaces in Avon
- IU Health West HospitalGeneral hospital970FTE
- Harlan Bakeries - AvonBagels made in commercial bakeries442
- WalmartWarehouse clubs and supercenters373
- Costco WholesaleWholesale grocer267
- TargetDiscount department stores230
- MeijerRetail208
- Lowe's Companies, INCHomecenter183
- Menards"home centers"179
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 15 workplaces with 20 or more staff, 2,390 people in all. Hospitals come from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- TornadoesRelatively high
- Strong windRelatively high
- Cold wavesRelatively high
- Hailrelatively high in parts of AvonRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Avon’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hendricks County and the Indianapolis-Carmel-Anderson, IN metro.
Avon home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Avon$355,153
- Indiana$257,165
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 2 Avon listings, and the typical home goes pending in 16 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Avon40.23%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Avon16
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Avon194
New listings per month
Sellers arriving at the market.
- Avon67
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Avon$356,493
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Avon98.96%
Zip codes with a Avon address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Avon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.