The story of this market
The typical home in ZIP 46040 sells for about $417,500, or $228 per square foot.
Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,528 a month.
ZIP 46040 — Fortville
The 46040 housing market is characterized by steady demand for new construction and single-family homes, driven by its appeal to families and commuters. While specific aggregate market metrics like closed sales and months of supply are not currently published for this ZIP, the presence of active master-planned developments suggests continued growth. The area benefits from high household incomes and proximity to regional amenities.
This area is well-suited for family buyers and commuters seeking a balance between a serene Midwestern atmosphere and proximity to Indianapolis employment hubs.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 44 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.0% · poverty 1.9% — a stable, low-distress profile.
ZCTA 46040
The area is served by highly rated public schools, notably within the Mt. Vernon Community School Corporation.
The area features a mix of historic homes and new master-planned communities like Beyer Estates, with proximity to Hamilton Town Center for retail and employment access.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The ZIP provides a serene atmosphere with convenient access to the Indianapolis metropolitan area via regional highway corridors.
Residents have access to Flat Fork Creek Park and Geist Reservoir, which offer hiking, mountain biking, kayaking, and boating.
The local economy is supported by a mix of residential growth and proximity to the broader Indianapolis regional labor market.
Development is characterized by the expansion of master-planned residential communities and infrastructure to support suburban growth.
Data sourced from IncomeByZipCode and US Census Bureau estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Dave & Buster's Indianapolis3.912 mi
- Smiley Ocean Themed Adventure Park4.311.8 mi
- Sky Zone Trampoline Park4.310.7 mi
- The Waterpark4.315.4 mi
- Adrenaline Family Adventure Park4.47.8 mi
- Indiana State Fairgrounds & Event Center4.417 mi
- Ruoff Music Center4.56.7 mi
- Droplight Grand Park Sports Campus4.618.4 mi
- Topgolf Fishers4.58.5 mi
- Fishers Event Center3.88.3 mi
- Conner Prairie4.610.2 mi
- Uranus Fudge Factory - Anderson Indiana4.711.8 mi
- Tuttle Orchards4.74.5 mi
- Fort Harrison State Park4.710.1 mi
- Pinheads & Alley’s Alehouse4.69.2 mi
- The Children's Museum of Indianapolis4.718.5 mi
- Newfields4.719.3 mi
- Conner Prairie4.610.2 mi
- Soldiers & Sailors Monument4.720 mi
- Indiana War Memorial & Museum4.719.7 mi
- Conner Prairie4.610.2 mi
- Fort Harrison State Park4.710.1 mi
- Roy. G. Holland Memorial Park4.79.4 mi
- Ritchey Woods Nature Preserve4.89.9 mi
- Flowing Well Park4.812.6 mi
- Morse Lake Marina4.314.8 mi
- White River Yacht Club4.615.6 mi
- Indianapolis Yacht Club4.64.7 mi
- SpeedWorx Marine - Docks & Lifts4.914.8 mi
- Topgolf Fishers4.58.5 mi
- Purgatory Golf Club4.512.9 mi
- Prairie View Golf Club4.510.8 mi
- The Fort Golf Resort4.49.8 mi
- Ironwood Golf Course47 mi
- Castleton Square4.211.6 mi
- Hamilton Town Center4.66.1 mi
- Macy's4.311.6 mi
- Tuttle Orchards4.74.5 mi
- Meijer4.39.1 mi
- Indianapolis International Airport4.628.1 mi
- Flights Craft Bar & Kitchen3.925.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features trails and mountain biking facilities.
Offers boating, fishing, and kayaking opportunities.
Upscale shopping and dining destination nearby.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).