The story of this market
The typical home in ZIP 46068 sells for about $279,900, or $145 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $955 a month.
ZIP 46068 — Sharpsville
The housing market in 46068 remains stable with low inventory and steady demand, reflecting its status as a quiet, affordable rural enclave. Prices have seen modest year-over-year growth, driven by limited supply and the area's appeal to buyers seeking value outside of major urban centers.
This ZIP is ideal for families and individuals seeking a quiet, rural lifestyle with affordable housing options, while remaining within a reasonable driving distance of larger employment hubs.
Median prices moved up 3.2% year over year.
Homes spend a median of 52 days on market with 3.5 months of supply — a fast-moving market.
12% 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 1.0% · poverty 5.1% — 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 8.4%/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 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46068, Tipton 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.
Crime rates in the Sharpsville area are generally low, consistent with rural Tipton County trends and significantly below the national average.
The area is served by the Tri-Central Community School Corporation, which maintains a stable reputation for small-town educational outcomes.
The region is primarily at risk for severe thunderstorms and occasional wind events; flood risk is generally low but localized to specific drainage basins.
Economic momentum is driven by agricultural productivity and proximity to the expanding industrial and logistics corridors of northern Hamilton County.
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.
Commutes are primarily car-dependent, with residents traveling south toward Kokomo or the northern suburbs of Indianapolis for employment.
Local recreation centers on small community parks and proximity to rural outdoor spaces, with larger shopping and dining amenities located in nearby Kokomo.
The rental market is characterized by low inventory and high demand for single-family homes, with limited multi-family options available.
The local economy is anchored by agriculture and manufacturing, with significant employment ties to the nearby industrial base in Kokomo.
Transportation is almost exclusively via private vehicle, with major access provided by state highways connecting to regional employment centers.
Development is focused on small-scale residential infill and agricultural land preservation.
The Tipton County Assessor manages property valuations based on annual market adjustments and state-mandated assessment cycles.
Parcels are subject to Tipton County tax levies, including school corporation and local library district assessments.
Property insurance premiums are stable, reflecting the low-hazard, rural nature of the geography.
Data retrieved from data.census.gov ZCTA 46068 profile.
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.
Local park providing green space and community gathering areas.
Hosts regional agricultural events and community gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.