The story of this market
The typical home in ZIP 46390 sells for about $297,920, or $189 per square foot.
Prices are up +8.7% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,490 a month.
ZIP 46390 — Wanatah
The housing market in 46390 is characterized by low inventory and steady price appreciation, driven by demand for rural-suburban living. While sales volume remains modest, the market is supported by high equity levels among homeowners and a lack of distressed properties. Figures for specific metrics like price-cut percentages are limited due to the small sample size of active listings.
This ZIP is best suited for family buyers and those seeking a quiet, rural-suburban lifestyle who are comfortable with a car-dependent commute to regional employment hubs.
Median prices moved up 8.7% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 6.5% — 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 7.5%/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 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 46390, LaPorte County, IN
Schools serving the area are generally rated as average, with local elementary options providing foundational education within the district.
The area is subject to standard Midwestern weather risks, including seasonal wind and storm events; insurance premiums are generally stable but reflect regional hazard exposure.
The area maintains a steady, rural-to-suburban growth profile with limited large-scale industrial development, relying on proximity to regional employment hubs.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. 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) — 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.
Commuting typically requires personal vehicle use, with access to regional highways connecting residents to employment centers in Northwest Indiana and the Chicago metro periphery.
Local recreation includes small community parks and access to rural outdoor spaces, with larger shopping and dining amenities located in neighboring towns within a 15-minute drive.
The rental market is characterized by low inventory and steady demand, with limited short-term rental presence and a focus on long-term residential leasing.
The local economy is primarily driven by agriculture, small-scale retail, and service industries, with many residents commuting to larger industrial and manufacturing hubs in LaPorte County.
Transportation is almost exclusively via private vehicle, with major regional access provided by state highways.
There are no major large-scale commercial or residential developments currently under construction within the ZIP code boundaries.
The LaPorte County Assessor manages property valuations based on annual market adjustments and cyclical reassessments.
Parcels are subject to local school corporation taxes and county-wide special district levies for emergency services and infrastructure.
Property insurance markets are stable, though premiums are influenced by regional exposure to severe weather events common in Northern Indiana.
Indiana is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a standard residential real estate disclosure form detailing the condition of the property.
Data retrieved from Census Bureau 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. Source: NCES EDGE public school locations 2023-24.
Local green space serving the immediate community.
Small cluster of local eateries along the main thoroughfare.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.