46637 — St. Joseph County, Indiana Market Snapshot

Housing market data for zip code 46637 in St. Joseph County, Indiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

64 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$263,900

-18.8% YoYClosed sales

Days to Sell

32

Median, listing to close

Homes Sold

64

Closed in 2026

Inventory

42

Sale-to-List

99.1%

New Listings

78

Price/SqFt

$164

Pending Sales

65

Conforming Loan Available

Most homebuyers in 46637 can comfortably use conventional financing. The median home price of $263,900 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

46637's market is balanced with homes taking an average of 32 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 46637 (99.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 46637 can comfortably use conventional financing. The median home price of $263,900 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 46637 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 46637

To purchase the median home at $263,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,172.

Monthly Payment

$2,172

Income Required

$93,082

Principal & Interest

$1,626/mo

Down Payment (5%)

$13,195

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 46637.

%
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Estimated Monthly Payment

$1,783

Principal & Interest$1,369
Property Tax$264
Insurance$150
Loan Amount$211,120
Total Interest$281,835
Income Required$76,424/yr

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