The Unshakable Investor

Unshakable ZIP Data 46550 | Nappanee, IN Housing Market

Nappanee · Elkhart County · Elkhart-Goshen, IN metro · Indiana · Data updated June 19, 2026

The median sale price in ZIP 46550, Nappanee, Indiana is $207,938 at $169 per square foot. 15 single-family homes sold in the latest period, up 18.8 percent from a year earlier. Homes sit a median of 30 days on market with 2.1 months of supply. Sellers are getting 99.4 percent of list price and 13.3 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$298,721
Average price per sq ft$243
Median sale price$207,938
Median sale price per sq ft$169
Median home size1,232 sq ft
Median new listing price$247,782+6.8%
National size rank8,927

Sales activity

MetricValueYear over year
Homes sold15+18.8%
Median days on market30 days
Months of supply2.1 months
New listings22+17.6%
Active listings28-5.5%
Pending sales22+11.5%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.4%-2.7 pts
Share sold above list13.3%-2.0 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$223,399
3-bedroom
$278,284
4-bedroom
$374,165
5-bedroom
$562,826

These figures describe the single-family market for Nappanee, Indiana ZIP 46550. They are market context, not a substitute for sold comps or a formal appraisal.