Metro area index
Home appreciation in the Kokomo, IN metro area
FHFA HPI® data shows the Kokomo, IN metro area's all-transactions index changed +7.2% over the year to Q2 2026, versus +4.6% for Indiana and +3.0% for the U.S. That ranks 37th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +7.2%
- 5-year change
- +53.5%
- Since Q1 1995
- +175%
- Metro rank (1 year)
- 37th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Kokomo, IN vs Indiana and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Kokomo, IN: 275.2
- Indiana: 319.8
- United States: 391.6
Appreciation by time window
| Window | Metro | IN | U.S. | Gap vs IN | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +7.2% | +4.6% | +3.0% | +2.7 pts | +4.2 pts |
| 3 years | +21.3% | +16.2% | +12.9% | +5.0 pts | +8.4 pts |
| 5 years | +53.5% | +46.7% | +41.3% | +6.9 pts | +12.3 pts |
| 10 years | +112% | +104% | +93.3% | +8.0 pts | +18.4 pts |
| Since Q1 1995 | +175% | +220% | +292% | −44.7 pts | −116.4 pts |
3-digit ZIP regions in the Kokomo, IN area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 469 · Kokomo, IN area | IN | +5.2% | +52.4% | +206% | 27% |
Boom, bust, and recovery in Kokomo, IN area
Kokomo, IN area's index peaked in Q3 2005, fell 20.2% to its low in Q1 2012, and regained its peak in Q2 2018, about 12.8 years after the top. Today it sits +90.5% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q3 2005 | Q1 2012 | -20.2% | Q2 2018 (12.8 yrs) | +90.5% |
| IN | Q1 2008 | Q2 2011 | -7.3% | Q3 2015 (7.5 yrs) | +110% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Kokomo, IN area's index has changed +24.3% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | IN after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +3.3% | +0.7% | -0.8% |
| 3 years | +9.8% | +10.4% | +5.8% | +2.8% |
| 5 years | +24.0% | +23.8% | +18.3% | +13.9% |
| 10 years | +39.1% | +52.2% | +46.4% | +39.0% |
| Since Q1 1995 | +121% | +24.3% | +44.5% | +76.8% |
If you bought in the Kokomo, IN area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +171% | $812,030 |
| Q2 2000 | +119% | $656,730 |
| Q2 2005 | +96.4% | $589,145 |
| Q2 2010 | +133% | $700,059 |
| Q2 2015 | +116% | $648,476 |
| Q2 2020 | +76.6% | $529,750 |
| Q2 2021 | +53.6% | $460,664 |
| Q2 2023 | +21.3% | $363,773 |
| Q2 2025 | +7.2% | $321,711 |
Frequently asked questions
- How much have home prices risen in the Kokomo, IN area?
- FHFA HPI® data for the Kokomo, IN metro area shows changes of +7.2% over one year, +53.5% over five years, and +112% over ten years to Q2 2026, and +175% since Q1 1995.
- Is the Kokomo, IN area beating the national average?
- Over the past year the metro's index moved +4.2 pts versus the U.S.; over five years the gap is +12.3 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.