46170 — Putnam County, Indiana Market Snapshot

Housing market data for zip code 46170 in Putnam County, Indiana. Updated monthly with median prices, days on market, and more.

Data as of September 2023

Limited Sales Data

Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Putnam County county page for broader data.

Market Sales Data

1 sales in 2023

Source: Redfin

Median Sale Price

$940,000

Closed sales

Days to Sell

2

Median, listing to close

Homes Sold

1

Closed in 2023

Inventory

N/A

Jumbo Loan Likely Needed

The median home in 46170 at $940,000 exceeds the 2026 conforming loan limit of $832,750 by $107,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

46170 is an extremely competitive market with homes selling in just 2 days on average. Buyers need pre-approval letters ready before making offers.

Conforming Loan Feasibility

The median home in 46170 at $940,000 exceeds the 2026 conforming loan limit of $832,750 by $107,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 46170 are set at the county level.

2026 Loan Limits — Putnam 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 46170

To purchase the median home at $940,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,352.

Monthly Payment

$7,352

Income Required

$315,085

Principal & Interest

$5,792/mo

Down Payment (5%)

$47,000

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 46170.

%
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Estimated Monthly Payment

$5,967

Principal & Interest$4,877
Property Tax$940
Insurance$150
Loan Amount$752,000
Total Interest$1,003,886
Income Required$255,748/yr

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