46802 — Allen County, Indiana Market Snapshot
Housing market data for zip code 46802 in Allen County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
18 sales in 2026 (year to date)
Median Sale Price
$147,250
Days to Sell
66
Homes Sold
18
Inventory
25
Sale-to-List
95.7%
New Listings
23
Price/SqFt
$118
Pending Sales
21
Conforming Loan Available
Most homebuyers in 46802 can comfortably use conventional financing. The median home price of $147,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 66 days on average, 46802 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 46802 sells for 4.3% below asking price (95.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 46802 can comfortably use conventional financing. The median home price of $147,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 46802 are set at the county level.
2026 Loan Limits — Allen County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 46802
To purchase the median home at $147,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,278.
Monthly Payment
$1,278
Income Required
$54,779
Principal & Interest
$907/mo
Down Payment (5%)
$7,363
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 46802.
Estimated Monthly Payment
$1,061
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