46540 — LaGrange County, Indiana Market Snapshot
Housing market data for zip code 46540 in LaGrange County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$335,500
Days to Sell
9
Homes Sold
16
Inventory
13
Sale-to-List
99.6%
New Listings
30
Price/SqFt
$185
Pending Sales
23
Conforming Loan Available
Most homebuyers in 46540 can comfortably use conventional financing. The median home price of $335,500 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
46540 is an extremely competitive market with homes selling in just 9 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 46540 (99.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 46540 can comfortably use conventional financing. The median home price of $335,500 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 46540 are set at the county level.
2026 Loan Limits — LaGrange 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 46540
To purchase the median home at $335,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,720.
Monthly Payment
$2,720
Income Required
$116,592
Principal & Interest
$2,067/mo
Down Payment (5%)
$16,775
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 46540.
Estimated Monthly Payment
$2,226
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