The 46408 housing market is somewhat competitive. The median sale price of a home in 46408 was $125K over the last 3 months, down 13.8% since the same period last year. The median sale price per square foot in 46408 is $101, up 70.6% since last year.
Over the three months ending August 2026, 46408 home prices were down 13.8% compared to the same period last year, selling for a median price of $125K. On average, homes in 46408 sell after 48 days on the market compared to 24 days last year. There were 38 homes sold in August this year, up from 33 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$124,946
-13.8% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
46408, IN
$124,946
-13.8%
United States
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How hot is the 46408 housing market?
46408 is somewhat competitive. Homes sell in 23 days.
0
100
55
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 5% below list price and go pending in around 23 days.
Hot homes
can sell for around list price and go pending in around 8 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 46408 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 46408.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
46408 has a minor risk of flooding. 258 properties in 46408 are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in 46408. Flood risk is increasing slower than the national average.
92% of properties are at risk of wildfire over the next 30 years
Fire Factor
46408 has a moderate risk of wildfire. There are 8,738 properties in 46408 that have some risk of being affected by wildfire over the next 30 years. This represents 92% of all properties in 46408.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
46408 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 46408 is most at risk from hurricanes. 9,407 properties in 46408 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 52 mph.