46229 — Hancock County, Indiana Market Snapshot
Housing market data for zip code 46229 in Hancock County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
96 sales in 2026 (year to date)
Median Sale Price
$213,750
Days to Sell
20
Homes Sold
96
Inventory
57
Sale-to-List
98.7%
New Listings
124
Price/SqFt
$133
Pending Sales
118
Conforming Loan Available
Most homebuyers in 46229 can comfortably use conventional financing. The median home price of $213,750 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 46229 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 46229 (98.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 46229 can comfortably use conventional financing. The median home price of $213,750 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 46229 are set at the county level.
2026 Loan Limits — Hancock 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 46229
To purchase the median home at $213,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,788.
Monthly Payment
$1,788
Income Required
$76,615
Principal & Interest
$1,317/mo
Down Payment (5%)
$10,688
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 46229.
Estimated Monthly Payment
$1,473
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