46123 — Hendricks County, Indiana Market Snapshot
Housing market data for zip code 46123 in Hendricks County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
204 sales in 2026 (year to date)
Median Sale Price
$355,500
Days to Sell
37
Homes Sold
204
Inventory
91
Sale-to-List
98.5%
New Listings
210
Price/SqFt
$168
Pending Sales
218
Conforming Loan Available
Most homebuyers in 46123 can comfortably use conventional financing. The median home price of $355,500 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
46123's market is balanced with homes taking an average of 37 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 46123 (98.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 46123 can comfortably use conventional financing. The median home price of $355,500 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 46123 are set at the county level.
2026 Loan Limits — Hendricks 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 46123
To purchase the median home at $355,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,874.
Monthly Payment
$2,874
Income Required
$123,160
Principal & Interest
$2,190/mo
Down Payment (5%)
$17,775
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 46123.
Estimated Monthly Payment
$2,350
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 46123. Tell us what you're looking for.