46803 — Allen County, Indiana Market Snapshot

Housing market data for zip code 46803 in Allen County, Indiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

19 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$114,900

Closed sales

Days to Sell

23

Median, listing to close

Homes Sold

19

Closed in 2026

Inventory

12

Sale-to-List

96.4%

New Listings

26

Price/SqFt

$98

Pending Sales

24

Conforming Loan Available

Most homebuyers in 46803 can comfortably use conventional financing. The median home price of $114,900 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

Homes in 46803 are moving quickly at 23 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

The average home in 46803 sells for 3.6% below asking price (96.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 46803 can comfortably use conventional financing. The median home price of $114,900 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 46803 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 46803

To purchase the median home at $114,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,030.

Monthly Payment

$1,030

Income Required

$44,157

Principal & Interest

$708/mo

Down Payment (5%)

$5,745

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 46803.

%
%

Estimated Monthly Payment

$861

Principal & Interest$596
Property Tax$115
Insurance$150
Loan Amount$91,920
Total Interest$122,708
Income Required$36,904/yr

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