46845 — Allen County, Indiana Market Snapshot

Housing market data for zip code 46845 in Allen County, Indiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

12 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$424,800

14.7% YoYClosed sales

Days to Sell

34

Median, listing to close

Homes Sold

12

Closed in 2026

Inventory

3

Sale-to-List

98.2%

New Listings

11

Price/SqFt

$199

Pending Sales

13

Conforming Loan Available

Most homebuyers in 46845 can comfortably use conventional financing. The median home price of $424,800 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

46845's market is balanced with homes taking an average of 34 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 46845 (98.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 46845 can comfortably use conventional financing. The median home price of $424,800 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 46845 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 46845

To purchase the median home at $424,800 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,405.

Monthly Payment

$3,405

Income Required

$145,915

Principal & Interest

$2,617/mo

Down Payment (5%)

$21,240

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 46845.

%
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Estimated Monthly Payment

$2,779

Principal & Interest$2,204
Property Tax$425
Insurance$150
Loan Amount$339,840
Total Interest$453,672
Income Required$119,100/yr

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