46550 Home Values & Market Trends

There are 94 homes currently listed for 46550. 46550 real estate market trends show that home prices range from $82,900 to $645,000, and the median sales price in the 46550 zip code is $230,002. The total number of properties sold within the past twelve months is 196. In 46550, 4 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

46550 Real Estate Market Overview

CityMedian Est. Value
Nappanee

$ 230,002

$ 154/sqft

Housing Market Summary for 46550

Sep 2025September 2026Change
Median Listing Price$196.2K$213.5K8.82%
Median Sold Price$251.8K$270.6K7.50%
Homes For Sale769525.00%
Homes Sold80867.50%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 46550

The median list price of a home in Nappanee, is $230,002. A total of 94 properties are for sale, and the percentage of properties for sale in the zip code is 94.00%. The total count of 46550 properties is 184.

Foreclosure
There is 1 cities within 46550; within this cities, the median estimated home value for homes in foreclosure ranges from $290,246 in nappanee to the lowest value of $161,721 in nappanee. Foreclosure homes account for 2.00% of properties in 46550 with nappanee containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.63% of all residential properties in 46550 with nappanee containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 46550; of that cities, the estimated home value for pre-foreclosure homes ranges from $290,246 in nappanee to the lowest home value of $161,721 in nappanee.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 46550 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 46550. There is 1 cities within 46550; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    nappanee has 1 auction properties, the highest number of properties going to auction in a single city in the state of 46550. Auction homes and other auction properties account for 0.54% of all properties in 46550. There is 1 cities within 46550; of that cities, the median estimated home value for homes going to auction ranges from $223,078 in nappanee to the lowest value of $223,078 in nappanee.
Homes for Sale
Homes and properties that are actively listed for sale account for 51.09% of residential properties in 46550 with nappanee containing 94 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 46550; homes for sale in that cities, have a range of median values from $695,068 in nappanee to the lowest value of $141,870 in nappanee.
    Sold Homes
    The median value for recently sold homes ranges from $699,900 in nappanee to the lowest price of $95,083 in nappanee. There is 1 cities within 46550. nappanee has 82 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 44.57% of properties in 46550.

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      Guide for 46550

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.