The story of this market
The typical home in ZIP 46164 sells for about $325,000, or $185 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $881 a month.
ZIP 46164 — Prince's Lakes
The housing market in 46164 remains stable with low inventory and moderate price growth, reflecting its status as a quiet, rural residential area. Demand is driven by buyers seeking larger lots and lake access, though the limited supply keeps sales volume low. Market conditions are currently balanced between buyers and sellers.
This ZIP is ideal for families and retirees seeking a quiet, rural lifestyle with access to lake recreation, while still maintaining a manageable commute to regional employment hubs.
Median prices moved up 2.4% year over year.
Homes spend a median of 62 days on market with 4.6 months of supply — a balanced-paced 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 1.4% · 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 7.8%/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
net influx — more people moved in than out
ZCTA 46164, Indiana
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 Nineveh area are generally low, consistent with rural Johnson and Brown County trends, with property crime being the primary concern.
Schools serving the area are primarily part of the Indian Creek and Brown County school corporations, generally maintaining stable performance ratings.
The area is characterized by rural woodland and lake-adjacent terrain, with localized flood risks near the Driftwood River and surrounding tributaries.
Economic momentum is driven by proximity to the Indianapolis metro area and local recreational tourism, with limited large-scale industrial development.
Property taxes are assessed by the county based on local millage rates, which include funding for school corporations and township services.
Commuting typically requires personal vehicle use, with travel times to Indianapolis or Columbus ranging from 30 to 50 minutes via state highways.
The area is anchored by Prince's Lakes and proximity to Brown County State Park, offering extensive opportunities for fishing, boating, and hiking.
The rental market is limited, consisting largely of single-family homes and lake-front properties with low turnover and minimal multi-family inventory.
The local economy is supported by small-scale agriculture, tourism, and a workforce that largely commutes to the Indianapolis or Columbus employment centers.
Transportation is entirely dependent on private vehicle infrastructure, with no public transit options available in this rural geography.
Development is largely restricted to low-density residential infill, with no major commercial or infrastructure projects currently approved.
The county appraisal districts utilize annual market-based assessments to determine property values for tax purposes.
Parcels are subject to local school district taxes and township fire protection levies.
Property insurance premiums are influenced by the rural nature of the area and proximity to wooded zones, which may impact wildfire risk ratings.
Data retrieved from data.census.gov ZCTA 46164 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.
A series of interconnected lakes providing fishing and recreational boating.
Located nearby, it is Indiana's largest state park, known for hiking and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.