46140 — Shelby County, Indiana Market Snapshot
Housing market data for zip code 46140 in Shelby County, Indiana. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 8 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Shelby County county page for broader data.
Market Sales Data
8 sales in 2026 (year to date)
Median Sale Price
$252,500
Days to Sell
47
Homes Sold
8
Inventory
6
Conforming Loan Available
Most homebuyers in 46140 can comfortably use conventional financing. The median home price of $252,500 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
46140's market is balanced with homes taking an average of 47 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Conforming Loan Feasibility
Most homebuyers in 46140 can comfortably use conventional financing. The median home price of $252,500 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 46140 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 46140
To purchase the median home at $252,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,085.
Monthly Payment
$2,085
Income Required
$89,339
Principal & Interest
$1,556/mo
Down Payment (5%)
$12,625
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 46140.
Estimated Monthly Payment
$1,713
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