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Downtown Kokomo Homes for Sale

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  • /25

    $399,900

    • 4 Beds
    • 4 Baths
    • 2,310 Sq Ft

    128 W Walnut St, Kokomo, IN 46901

    Completely renovated and fully furnished 4-bedroom, 4-bath second-level condo in the heart of downtown Kokomo! Zoned Downtown Commercial, this unique opportunity is just steps from dining, shopping, and entertainment. Stylish updates throughout make it ideal for short-term rental, office space, or live/work potential. Turnkey and ready for its next chapter!

    Paul Wyman The Wyman Group

    128 W Walnut St, Kokomo, IN 46901
  • /19

    $525,000

    • 8 Beds
    • 8 Baths
    • 2,968 Sq Ft

    300 E Taylor St, Kokomo, IN 46901

    Great investment property. Newly renovated duplex. This property has 8 bedrooms and 8 bathrooms in total. Each floor consists of 4 bedrooms with each bedroom having their own bathroom. All of the mechanicals, plumbing, electrical are all brand new as well as the flooring, bathrooms, appliances are all brand new. Both floors have been freshly painted and come with a washer and dryer. The

    DJ Butcher Fortune Companies, Inc

    300 E Taylor St, Kokomo, IN 46901

Why Live in Downtown Kokomo

Downtown Kokomo is a primarily commercial neighborhood in north central Indiana, featuring a mix of historic houses and newly developed townhomes. The area has experienced significant growth, with a population increase of 31% between 2010 and 2022. The neighborhood has undergone a revival, becoming a vibrant shopping and dining district with a variety of boutiques, comic shops, toy stores, and record stores. Popular dining options include Sun King brew pub, 3 Amigos, Marble The Steakhouse, Missy’s Family Restaurant, and Oscar’s Pizza. Downtown Kokomo is highly walkable and bike-friendly, with the Wildcat Creek Walk of Excellence providing a 4-mile trail along the creek. Foster Park, located across Washington Street, hosts many events, festivals, and concerts, and features a playground, sports courts, and a skatepark. The Downtown Dog Park offers a fenced-in play area for pets. Recreational opportunities are available at the Delmar E. Demaree Family YMCA. The neighborhood hosts several annual events, including the Haynes Apperson Festival and the Kokomo Summer Concert series. Housing options include late 19th and early 20th-century styles such as Arts and Crafts, American Foursquares, and bungalows, with some larger homes divided into duplexes. Townhouses constructed in 2017 are also available. The Kokomo-Center Township Consolidated School Corporation has a range of schools, with Central Middle International School being a notable option for students.

Frequently Asked Questions

Is Downtown Kokomo a good place to live?
Downtown Kokomo is a good place to live. Downtown Kokomo is considered fairly walkable and very bikeable. Downtown Kokomo has 3 parks for recreational activities. It is somewhat dense in population with 6.4 people per acre and a median age of 42. The average household income is $24,784 which is below the national average. College graduates make up 17.3% of residents. A majority of residents in Downtown Kokomo are renters, with 81.4% of residents renting and 18.6% of residents owning their home. A local real estate agent serving Downtown Kokomo can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Kokomo neighborhood guide.
How much do you need to make to afford a house in Downtown Kokomo?
The median home price in Downtown Kokomo is $245,000. If you put a 20% down payment of $49,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $1,240 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $53K a year to afford the median home price in Downtown Kokomo. The average household income in Downtown Kokomo is $25K.
What are the best public schools in Downtown Kokomo?
The best public schools that serve Downtown Kokomo are:
What are the best private schools in Downtown Kokomo?
The best private schools that serve Downtown Kokomo are:
What are the most popular zip codes in Downtown Kokomo, Kokomo, IN?
The most popular zip codes in Downtown Kokomo, Kokomo, IN include 46901, 46902, 46979, 46068 and 46936.
What are the most popular neighborhoods near Downtown Kokomo, Kokomo, IN?
The most popular neighborhoods near Downtown Kokomo, Kokomo, IN are Old Silk Stocking, Fairlawn, Bon Air, Cedar Crest and Darrough Chapel.
Are home prices dropping in Downtown Kokomo?
Yes, home prices in Downtown Kokomo are down 29% in the last 12 months.

Home Trends in Downtown Kokomo, IN

Housing Trends

Median Sale Price
$189,000
Median Single Family Sale Price
$236,450
Median Townhouse Sale Price
$189,000
Average Price Per Sq Ft
$77
Number of Homes for Sale
1
Last 12 months Home Sales
4
Months of Supply
3.00
Median List Price
$245,000
Median Change From 1st List Price
23%
Median Home Sale Price YoY Change
-19%
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