46118 — Hendricks County, Indiana Market Snapshot
Housing market data for zip code 46118 in Hendricks County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
22 sales in 2026 (year to date)
Median Sale Price
$361,450
Days to Sell
24
Homes Sold
22
Inventory
9
Sale-to-List
99.7%
New Listings
29
Price/SqFt
$204
Pending Sales
28
Conforming Loan Available
Most homebuyers in 46118 can comfortably use conventional financing. The median home price of $361,450 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 46118 are moving quickly at 24 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 46118 (99.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 46118 can comfortably use conventional financing. The median home price of $361,450 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 46118 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 46118
To purchase the median home at $361,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,919.
Monthly Payment
$2,919
Income Required
$125,114
Principal & Interest
$2,227/mo
Down Payment (5%)
$18,073
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 46118.
Estimated Monthly Payment
$2,387
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