The story of this market
The typical home in ZIP 46154 sells for about $269,900, or $174 per square foot.
Prices are up +5.9% from a year ago, so sellers still have some momentum. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 46154 — Maxwell
The housing market in 46154 is characterized by low inventory and stable, modest price growth consistent with rural Hancock County. Market activity is limited by the small population size, with demand driven primarily by local residents seeking single-family homes. Current conditions reflect a balanced, slow-moving market.
This area is best suited for those seeking a quiet, rural lifestyle within reach of the Indianapolis metro area, primarily appealing to local residents.
Median prices moved up 5.9% year over year.
Homes spend a median of 53 days on market with 5.4 months of supply — a balanced-paced market.
25% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46154, Hancock County IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Property taxes are administered by Hancock County based on assessed value; specific exemptions and local district rates apply.
Maxwell is a small rural community with residents typically commuting to the Indianapolis metropolitan area via nearby highway corridors.
Local recreation is limited due to the rural nature of the ZIP, with primary amenities found in neighboring communities within Hancock County.
The rental market is limited due to the small population and PO Box-only designation of the ZIP code.
The economy is primarily driven by the broader Indianapolis metro area, with local employment centered on agriculture and small-scale services.
Transportation is heavily reliant on personal vehicles with access to regional highways.
Hancock County Assessor manages property valuations for tax purposes.
Parcels are subject to local school district and county-level utility and emergency service taxes.
Standard Indiana property insurance market with typical Midwest hazard exposure.
Data retrieved from Census Bureau ZCTA-level tables.
Regional hub for community events and agricultural exhibitions.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.