The 46016 housing market is somewhat competitive. The median sale price of a home in 46016 was $86K last month, up 22.1% since last year. The median sale price per square foot in 46016 is $65, up 32.7% since last year.
In February 2025, 46016 home prices were up 22.1% compared to last year, selling for a median price of $86K. On average, homes in 46016 sell after 45 days on the market compared to 53 days last year. There were 34 homes sold in February this year, down from 62 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$85,500
+22.1% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
46016, IN
$85,500
+22.1%
United States
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How hot is the 46016 housing market?
46016 is somewhat competitive. Homes sell in 48 days.
0
100
48
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 7% below list price and go pending in around 48 days.
Hot homes
can sell for about 1% below list price and go pending in around 11 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 46016 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 46016.
Flood Factor - Minor
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
46016 has a minor risk of flooding. 1,650 properties in 46016 are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in 46016. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
46016 has a moderate risk of wildfire. There are properties in 46016 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 46016.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
46016 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 46016 is most at risk from hurricanes. 13,398 properties in 46016 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 52 mph.