McCordsville, Indiana.
Typical home $381,289 (+0.2% in a year), asking rent $2,159 (+1.4%). Indianapolis-Carmel-Anderson, IN metro.
to buy the typical home at today's mortgage rate — +$1,072 (+115%) since Jan 2020.
- 1 year
- Up $886 +0%
- $380,403$381,289 since Sep 2025
- 5 years
- Up $64,252 +20%
- $317,037$381,289 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.
- McCordsville$2,001
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in McCordsville, IN rose 0.2% over the past year — slower than the nation's +1.2%.
Asking rents in McCordsville, IN rose 1.4% over the past year — slower than the nation's +2.7%.
Owning the typical home in McCordsville runs $460/mo more than renting one. The gap peaked at $737 in Jan 2025.
That is $2,618 a month against $2,159 rent: a $2,001 mortgage payment, plus $209 property tax and $408 insurance & upkeep.
Owning vs renting — McCordsville
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$2,618
- Renting$2,159
- Mortgage only$2,001
Property tax · $209/mo 0.66% of value a year — the ACS 2020-2024 median bill over the median home value for Hancock County, IN
Insurance & upkeep · $408/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 McCordsville, Hancock County, Indiana
McCordsville is a town of 8,503 people in Hancock County. Half its households earn more than $110,692 a year and half less, against $93,186 across Hancock County; 1% of its people live below the poverty line. 85% of its homes are lived in by their owners and 15% are rented. Unemployment in Hancock County was 3.0% in August 2026, and the county had 4.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 24 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. McCordsville is a town in Hancock County, on the northeast side of the Indianapolis area. Households here earn more than the county as a whole, very few people live below the poverty line, and most homes are lived in by their owners. Winters are cold and snowy, with January highs just above freezing and lows well below it, while July is warm, and the year brings a fair amount of rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, in professional and business services, in banks, insurance and property, and in shops. Meijer and Geist Montessori Academy are among the largest workplaces in town. Most adults have a four-year degree, the typical commute is a long one, and a good number of people work from home.
Things to do. Close to home, Geist Reservoir is a short drive away for time on the water, and Fort Harrison State Park, a protected area, is a short drive away for walking and the outdoors. Ruoff Music Center, a theatre for concerts, is also a short drive away. For a bigger outing, the Indianapolis Motor Speedway, the best known of the nearby places, is a longer drive away.
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- 4,136households
- 58%of adults have a degree
- 1%below the poverty line
- 32 mintypical commute
- 24%work from home
What residents work in
Employed residents by industry, from the Census survey. Hancock County had 30,233 jobs in 2025, 4.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 36° and lows near 20°; warmest in July, with highs near 85° and lows near 65°. About 27 inches of snow and 47 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Castleton South weather station, 7 miles away (NOAA).
Largest workplaces in McCordsville
- MeijerRetail277
- Southwark Metal Indianapolis DivisionSheet metal work manufacturing226
- Geist Montessori AcademySchool district32FTE
- MccordsvilleMail and parcel delivery21
- JRFurniture installation20
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 544 people in all. School districts come from the Common Core of Data (NCES, 2023–24); 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
- TornadoesRelatively high
- Winter weatherRelatively high
- HailRelatively moderate
- Strong windRelatively moderate
- Ice stormsRelatively 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 McCordsville’s census tracts, against the rest of the country; all of them together, relatively low. 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 Hancock County and the Indianapolis-Carmel-Anderson, IN metro.
McCordsville home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- McCordsville$381,289
- Indiana$257,165
- United States$366,157
Sellers are cutting prices on about 1 in 2 McCordsville listings — the market is roughly in balance.
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.
- McCordsville41.26%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- McCordsville70
New listings per month
Sellers arriving at the market.
- McCordsville21
Median sale price
What buyers actually paid — closed sales, not asking prices.
Not enough data to draw this yet.
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
Not enough data to draw this yet.
Zip codes with a McCordsville address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls McCordsville — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.