46126 — Shelby County, Indiana Market Snapshot

Housing market data for zip code 46126 in Shelby County, Indiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

14 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$275,500

72.2% YoYClosed sales

Days to Sell

55

Median, listing to close

Homes Sold

14

Closed in 2026

Inventory

13

Sale-to-List

98.1%

New Listings

20

Price/SqFt

$140

Pending Sales

16

Conforming Loan Available

Most homebuyers in 46126 can comfortably use conventional financing. The median home price of $275,500 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

46126's market is balanced with homes taking an average of 55 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 46126 (98.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 46126 can comfortably use conventional financing. The median home price of $275,500 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 46126 are set at the county level.

2026 Loan Limits — Shelby 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 46126

To purchase the median home at $275,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,261.

Monthly Payment

$2,261

Income Required

$96,891

Principal & Interest

$1,698/mo

Down Payment (5%)

$13,775

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 46126.

%
%

Estimated Monthly Payment

$1,855

Principal & Interest$1,430
Property Tax$276
Insurance$150
Loan Amount$220,400
Total Interest$294,224
Income Required$79,500/yr

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