The story of this market
The typical home in ZIP 46072 sells for about $235,000, or $142 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $837 a month.
ZIP 46072 — Tipton
The housing market in 46072 remains stable with modest price appreciation and low inventory levels. Demand is supported by local buyers seeking affordability, though limited supply continues to constrain sales volume.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing costs and a strong sense of community, while remaining within reach of regional employment hubs.
Median prices moved up 4.2% year over year.
Homes spend a median of 38 days on market with 2.8 months of supply — a fast-moving market.
13% 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 2.8% · poverty 12.6% — 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 6.4%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46072, 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 this rural Tipton County area remain low and stable, consistently ranking below state and national averages for violent and property crime.
Schools serving the area are primarily managed by Tipton Community School Corporation, which maintains a solid reputation for student performance and community engagement.
The area faces standard Midwestern climate risks, primarily severe thunderstorms and occasional high winds, with low overall flood risk outside of designated drainage basins.
Economic momentum is driven by local agricultural production and proximity to manufacturing hubs in Tipton and Kokomo, with steady but modest residential development.
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 primarily commute by car to employment centers in Tipton, Kokomo, or the northern Indianapolis suburbs, with travel times typically ranging from 20 to 40 minutes.
Local recreation centers on community parks, youth sports facilities, and proximity to rural outdoor spaces, with limited large-scale commercial shopping within the immediate ZIP.
The rental market is limited in depth, consisting mostly of single-family homes and small multi-family units with low turnover and stable, modest rent growth.
The economy is anchored by agriculture and manufacturing, with significant employment ties to the automotive and industrial sectors in neighboring Tipton and Howard counties.
Transportation is almost exclusively reliant on personal vehicles, with major access provided by state highways connecting to regional corridors.
Development is focused on small-scale residential infill and maintenance of existing infrastructure rather than large-scale commercial expansion.
The Tipton County Assessor manages property valuations, utilizing a mass appraisal system to ensure equitable taxation across the county.
Parcels are subject to Tipton Community School Corporation taxes and standard county-level service districts.
Property insurance premiums are generally stable, reflecting the area's low exposure to major natural disasters compared to coastal or high-wildfire regions.
Data retrieved from data.census.gov ZCTA-level 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, playgrounds, and community event facilities.
Hosts annual county fairs and community gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.