HousingHandbookReference data

U.S. ZIP Code · IN46528

Elkhart County · Elkhart-Goshen, IN

Typical home value

$305,433[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.8%
5-year / yr
+6.1%
10-year / yr
+7.0%

Relative price

vs U.S.
+7.5%
vs metro
≈ metro median
vs state
+32.0%
ZIP 46528 location in IN
Location of ZIP 46528 in IN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 46528 is worth $305,433. Over the past year, values have risen 5.8%. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$2,602[3]

#Climate risk

FEMA National Risk Index ratings for Elkhart County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
26,248[3]
Median household income
$81,529[3]

#Migration

Household moves in and out of Elkhart County over a year, from IRS tax-return data.

Net migration
-711[5]
Moved in
3,879
Moved out
4,590

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
2
Middle
0
High
0
  • Jefferson Elementary School

    Elementary · Grades K–3 · Middlebury Community Schools

    375 students

  • Chamberlain Elementary School

    Elementary · Grades K–4 · Goshen Community Schools

    310 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,544
Loan principal$244,346
Down payment$61,087
Total interest paid$311,650

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,015
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
20th percentile[1]
Rental yield
[2]
Property tax
80th percentile[3]

Frequently asked

How much is a home worth in ZIP code 46528?
The typical home in 46528 is worth $305,433, based on the Zillow Home Value Index.
Are home values rising in 46528?
Home values in 46528 are up 5.8% over the past year, and up 6.1% a year over five years.
What is the property tax rate in 46528?
The effective property tax rate in 46528 is 0.9% — roughly $2,602 a year on a typical home.
Who lives in 46528?
ZIP code 46528 has a population of 26,248 and a median household income of $81,529.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • New Paris CDP, IN

    Typical home
    $306,469
    Gross yield
  • Wakarusa, IN

    Typical home
    $314,278
    Gross yield
  • Nappanee, IN

    Typical home
    $295,859
    Gross yield
  • Bristol, IN

    Typical home
    $331,932
    Gross yield
  • Goshen, IN

    Typical home
    $263,916
    Gross yield
    4.7%
  • Elkhart, IN

    Typical home
    $246,766
    Gross yield
    6.2%

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