Building Costs Per Square Foot in the State of Indiana – Single Family Homes

Newly-built 5 Bedroom House with 2 Bathrooms and 2 x attached garage, gross floor area 582 sqft - on 1109 Dora Dr Sellersburg, Indiana 47172 - Price $512,700

Newly-built 5 Bedroom House with 2 Bathrooms and 2 x attached garage,
gross floor area 2582 sqft – on 1109 Dora Dr Sellersburg, Indiana 47172
– Price $512,700

As of 2024, building costs in the state of Indiana are -3% below the national average. The charts below show a comparison of costs between luxury, semi-luxury, best, good, average and minimum standard single-family houses. Costs are also given for manufactured housing in five quality classes.

2024 Building Costs Per Square Foot for Single Family Homes in the State of Indiana, USA

  • Class 1 – Luxury Homes – $378.43 to $589.83 per sqft
  • Class 2 – Semi Luxury Homes – $230 to $358.46 per sqft
  • Class 3 – Best Standard Homes – $148.75 to $229.61 per sqft
  • Class 4 – Good Standard Homes – $108.50 to $169.18 per sqft
  • Class 5 – Average Standard Homes – $88.09 to $137.15 per sqft
  • Class 6 – Minimum Standard  Homes – $69.48 to $108.26 per sqft
Indiana Single Family Houses 2024 Building Costs

Indiana Single Family Houses 2024 Building Costs

2024 Building Costs Per Square Foot for Manufactured Housing in the State of Indiana, USA

Manufactured housing is composed of one or more prefabricated modular units which are delivered to the site and assembled on a RC foundation or slab.

  • Best Quality Housing – $136.17 to $156.06 per sqft
  • Good Quality Housing – $114.55 to $137.69 per sqft
  • Average Quality Housing – $92.55 to $119.91 per sqft
  • Low Average Quality Housing – $78.26 to $104.48 per sqft
  • Lowest Quality Housing – $67.14 to $92.42 per sqft
Indiana Manufactured Housing 2024 Building Costs

Indiana Manufactured Housing 2024 Building Costs

 

Residential Construction Market Analysis in the State of Indiana, USA

Building costs are 3% lower than the national average in the state of Indiana, and equivalent to the states of Iowa, Missouri, Montana, Oregon and Utah. There is nothing better than having the opportunity to build your own house or lead your own real estate project. It is like building a child, and once it is finished you will see the results of so much work and how it was worth all the effort.

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