Area data
Shipshewana, IN — ZIP 46565
Population: 9,014 (Census ACS)
The median home value in ZIP 46565 (Shipshewana, IN) is $408,915 — up 10.5% over the past year. Homes sell for a median $450,000 after a median 38 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, coldwave, drought the top-rated hazards. Cost of living is 6.7% below the US average (BEA, metro/state-level).
$408,915
Median home value
+10.5%
1-year change
38
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $408,915
- 1-year appreciation
- +10.5%
- 3-year appreciation
- +21.2%
- 5-year appreciation
- +33.4%
- 10-year appreciation
- +111.6%
- All-time peak (2026-08)
- $408,915
- House Price Index (state)
- 378.8 (+3.5% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $450,000
- Median list price
- $409,950
- Median price per sqft
- $169
- 1-year sale-price change
- +47.5%
- Median days on market
- 38 days
- Homes sold (recent period)
- 9
- For-sale inventory
- 10
- Sale-to-list ratio
- 97.2%
- Active listings
- 6
- New listings (monthly)
- 4
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $789/mo
- 1BR fair-market rent
- $794/mo
- 2BR fair-market rent
- $1,039/mo
- 3BR fair-market rent
- $1,238/mo
- 4BR fair-market rent
- $1,366/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Below Average)
- 93.3 (100 = US avg)
- Electricity rate (state-level)
- 16.2¢/kWh
- Natural gas rate (state-level)
- $11.50/MCF
- 30-year mortgage rate (national)
- 7.40%
- 15-year mortgage rate (national)
- 6.73%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 2
- Elementary schools
- 2
- Middle schools
- 0
- High schools
- 0
- Avg student-teacher ratio
- 13.1 : 1
- Schools include
- Meadowview Elementary School, Shipshewana-Scott Elementary Sch
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- strongWind, coldWave, drought, hail, lightning
- Notable hazard ratings (county)
- hail: Relatively Moderate · drought: Relatively Moderate · tornado: Relatively Moderate · coldWave: Relatively Moderate · iceStorm: Relatively Low · lightning: Relatively Moderate
- Wildfire risk to homes (county)
- Higher than 4% of US counties
- Buildings in wildfire direct-exposure zone
- 51.5%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Sturgis Municipal Wells (11.2 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Annual precipitation
- 39.4 in
- USDA plant hardiness zone
- 6a (extreme annual low -10 to -5°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Amenities
- Airports within 30 mi
- 28
- Nearest airport
- Wolfe Field (2 mi)
- Hospitals nearby (~15 mi)
- 30
- Hospitals include
- SAINT JOSEPH REGIONAL MEDICAL CENTER, UNITY PHYSICIANS HOSPITAL, MEDICAL BEHAVIORAL HOSPITAL - MISHAWAKA
- Avg hospital rating (CMS)
- 3.3 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -45 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,992
- Housing built before 1970
- 22.2%
- Housing built 2000 or later
- 36.2%
- Median annual property tax
- $2,056
- Mean commute to work
- 17 min
- Households with broadband internet
- 30.6%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 13,328
- Average weekly wage
- $1,119
- Top industries (by employment)
- Construction, Accommodation & Food, Wholesale Trade
- Annual residential building permits (county)
- 153
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 46565 | State median | US median | |
|---|---|---|---|
| Median home value | $408,915 | $237,748 | $288,527 |
| Median sale price | $450,000 | $238,000 | $325,000 |
| Median days on market | 38 days | 38 days | 51 days |
| Median annual property tax | $2,056 | $1,179 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 46565?
- $408,915.
- What is the median sale price in ZIP 46565?
- $450,000.
- How long do homes take to sell in ZIP 46565?
- Median days on market: 38 days.
- What is typical rent in ZIP 46565?
- 2-bedroom fair-market rent: $1,039/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in ZIP 46565?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, coldWave, drought, hail, lightning.
- What is the wildfire risk in ZIP 46565?
- Risk to homes is higher than 4% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 46565?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 46565?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 46565?
- 2 schools (2 elementary) (NCES, 2022-23).
- What is the cost of living in ZIP 46565?
- Regional Price Parity: 93.3 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Oct 2026. See all data sources →