The 46406 housing market is somewhat competitive. The median sale price of a home in 46406 was $61K last month, down 43.7% since last year. The median sale price per square foot in 46406 is $57, down 25.0% since last year.
In July 2025, 46406 home prices were down 43.7% compared to last year, selling for a median price of $61K. On average, homes in 46406 sell after 25 days on the market compared to 36 days last year. There were 19 homes sold in July this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$60,500
-43.7% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
46406, IN
$60,500
-43.7%
United States
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How hot is the 46406 housing market?
46406 is somewhat competitive. Homes sell in 46 days.
0
100
31
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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 46 days.
Hot homes
can sell for about 2% above list price and go pending in around 13 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 46406 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 46406.
Flood Factor - Moderate
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
46406 has a moderate risk of flooding. 1,472 properties in 46406 are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in 46406. Flood risk is increasing slower than the national average.
40% of properties are at risk of wildfire over the next 30 years
Fire Factor
46406 has a moderate risk of wildfire. There are 3,511 properties in 46406 that have some risk of being affected by wildfire over the next 30 years. This represents 40% of all properties in 46406.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
46406 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 46406 is most at risk from hurricanes. 8,654 properties in 46406 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 42 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 56 mph.