Versailles, Indiana.
Typical home $261,158 (+6.0% in a year).
to buy the typical home at today's mortgage rate — +$781 (+132%) since Jan 2020.
- 1 year
- Up $14,772 +6%
- $246,385$261,158 since Sep 2025
- 5 years
- Up $58,621 +29%
- $202,537$261,158 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.
- Versailles$1,371
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Versailles, IN rose 6.0% over the past year — faster than the nation's +1.2%.
Living in Versailles, Ripley County, Indiana
Versailles is a town of 2,184 people in Ripley County. Half its households earn more than $45,758 a year and half less, against $70,573 across Ripley County; 18% of its people live below the poverty line. 56% of its homes are lived in by their owners and 44% are rented. Unemployment in Ripley County was 3.1% in August 2026, and the county had 2.9% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
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 It can be wrong or out of date.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. Versailles is a small town in Ripley County, Indiana, and its residents are younger than in many American towns. Incomes here run well below the county's, and more people live below the poverty line than most would expect. Most homes are lived in by their owners. Winters are cold, with January the coldest month, and summers are warm, with July the warmest.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops and restaurants and hotels also employing a good number. The largest workplaces in Versailles are the South Ripley school district, UPS and MW Components, a fastener manufacturer. Commutes tend to be fairly long, and few people work from home. Across Ripley County, there were somewhat fewer jobs last year than the year before.
Things to do. Versailles State Park, a protected area, sits in or beside town, and Jericho Creek is a short drive away. For a longer outing, Clifty Falls State Park has a waterfall, and Perfect North Slopes is a ski area, both a longer drive away.
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- 852households
- 12%of adults have a degree
- 18%below the poverty line
- 28 mintypical commute
- 4%work from home
What residents work in
Employed residents by industry, from the Census survey. Ripley County had 11,001 jobs in 2025, 2.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 19°; warmest in July, with highs near 83° and lows near 62°.
Average daily high and low, 1991–2020, at the Milan Northeast weather station, 13 miles away (NOAA).
Largest workplaces in Versailles
- South Ripley Com Sch Corp SchoolsSchool district152FTE
- UPSCouriers and express delivery services139
- MW ComponentsFastener manufacturer75
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 214 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
- Strong windRelatively high
- TornadoesRelatively high
- LightningRelatively high
- Cold wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Versailles’ 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 Ripley County.
Versailles home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Versailles$261,158
- Indiana$257,165
- United States$366,157
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
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Versailles12
Zip codes with a Versailles address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Versailles — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.