46938 — Grant County, Indiana Market Snapshot
Housing market data for zip code 46938 in Grant County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$153,125
Days to Sell
21
Homes Sold
10
Inventory
6
Sale-to-List
96.9%
New Listings
14
Price/SqFt
$100
Pending Sales
13
Conforming Loan Available
Most homebuyers in 46938 can comfortably use conventional financing. The median home price of $153,125 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 46938 are moving quickly at 21 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 46938 sells for 3.1% below asking price (96.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 46938 can comfortably use conventional financing. The median home price of $153,125 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 46938 are set at the county level.
2026 Loan Limits — Grant 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 46938
To purchase the median home at $153,125 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,323.
Monthly Payment
$1,323
Income Required
$56,708
Principal & Interest
$944/mo
Down Payment (5%)
$7,656
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 46938.
Estimated Monthly Payment
$1,098
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