Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Francesville

Learn about the people, housing, costs and businesses in Francesville, Indiana

Median Home$175,400
Median Rent$974/month
Population895
Leading IndustriesEducation · Transportation · Retail7% education
Home Value Growth⬆⬆+14.9% over 2 years
Young Adults25% of residents
Homeowners80% of occupied units
Francesville
IN

Frequently Asked Questions

What are today's mortgage rates in Francesville?

As of today, the 30-year fixed mortgage rate for Francesville is approximately 7.093% (7.139% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Francesville
What is the median home price in Francesville?

The median home value in Francesville is $175k. The median monthly rent is $974. Annual property taxes average $740. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Francesville?

Home values in Francesville have increased 14.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Francesville?

Based on a typical all-in ownership cost of $854/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Francesville is $79k/year.

Calculate your buying power
What industries drive the economy in Francesville?

The largest employment sectors in Francesville are public administration (23%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.