The story of this market
The typical home in ZIP 46767 sells for about $259,000, or $135 per square foot.
Prices are up +8.17% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $866 a month.
ZIP 46767 — Ligonier
The 46767 housing market shows steady demand with a median listing price of $259,000, reflecting an 8.17% year-over-year increase. While inventory remains tight, the market is characterized by moderate price growth and consistent activity, driven by local workforce needs and relative affordability compared to larger regional centers.
This ZIP is well-suited for local families and workforce commuters seeking affordable housing options compared to larger regional metros, though it requires careful due diligence for investors due to turnover dynamics.
Median prices moved up 8.2% year over year.
Homes spend a median of 58 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 5.8% — 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 9.0%/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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46767, Noble 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.
Schools in the area are primarily served by the West Noble School Corporation, which provides standard public education for the Ligonier community.
The area is subject to standard Midwestern weather risks, including seasonal severe thunderstorms and occasional winter weather impacts.
Economic momentum is driven by local manufacturing and agricultural sectors, with steady but modest development activity in the surrounding Noble County region.
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.
Residents typically rely on personal vehicles for commuting, with travel times averaging approximately 27 minutes to regional employment hubs.
The area features access to local parks and outdoor spaces, with proximity to regional lakes and rural recreational trails common in Noble County.
The rental market is characterized by moderate turnover and demand from local workforce populations, with limited institutional-grade multi-family supply.
The local economy is anchored by manufacturing and agricultural production, with employment opportunities concentrated in Ligonier and the broader Noble County industrial base.
Transportation is primarily highway-dependent, with regional connectivity provided by state roads linking to larger hubs like Kendallville and Fort Wayne.
Development is focused on incremental residential growth and maintenance of existing industrial infrastructure.
Noble County assesses property values based on market-based mass appraisal standards, with annual adjustments to reflect current market conditions.
Parcels are subject to levies from the West Noble School Corporation and local municipal taxing units.
Property insurance markets remain stable, though premiums are influenced by regional exposure to severe weather events common in Northern Indiana.
Data retrieved from Census Reporter and ACS 5-year summary tables.
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.
Provides local green space and recreational facilities for residents.
Located in the broader region, offering extensive water-based recreation and trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.