46616 — St. Joseph County, Indiana Market Snapshot
Housing market data for zip code 46616 in St. Joseph County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
17 sales in 2026 (year to date)
Median Sale Price
$158,000
Days to Sell
22
Homes Sold
17
Inventory
15
Sale-to-List
99.6%
New Listings
40
Price/SqFt
$127
Pending Sales
29
Conforming Loan Available
Most homebuyers in 46616 can comfortably use conventional financing. The median home price of $158,000 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 46616 are moving quickly at 22 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 46616 (99.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 46616 can comfortably use conventional financing. The median home price of $158,000 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 46616 are set at the county level.
2026 Loan Limits — St. Joseph 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 46616
To purchase the median home at $158,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,361.
Monthly Payment
$1,361
Income Required
$58,309
Principal & Interest
$974/mo
Down Payment (5%)
$7,900
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 46616.
Estimated Monthly Payment
$1,128
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