Skip to main content

Area data

Bourbon, IN — ZIP 46504

Population: 3,500 (Census ACS)

The median home value in ZIP 46504 (Bourbon, IN) is $253,136 — up 8.5% over the past year. Homes sell for a median $194,000 after a median 16.5 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with coldwave, lightning, tornado the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$253,136

Median home value

+8.5%

1-year change

16.5

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$253,136
1-year appreciation
+8.5%
3-year appreciation
+16.0%
5-year appreciation
+35.1%
10-year appreciation
+91.3%
All-time peak (2026-07)
$253,136
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$194,000
Median list price
$225,000
Median price per sqft
$158
1-year sale-price change
+6.0%
Median days on market
16.5 days
Homes sold (recent period)
9
For-sale inventory
6
Sale-to-list ratio
99.0%
Active listings
2
1-year forecast
+3.4%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$750/mo
1BR fair-market rent
$937/mo
2BR fair-market rent
$1,156/mo
3BR fair-market rent
$1,502/mo
4BR fair-market rent
$1,734/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)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1
Schools include
Triton Elementary School, Triton Jr-Sr High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
coldWave, lightning, tornado
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Low · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 3% of US counties
Buildings in wildfire direct-exposure zone
42.2%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Lakeland Disposal Service, Inc. (14.6 mi)
EPA recommends radon testing for every home regardless of zone.

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)

Average annual temperature
50.0°F
Average high
60.0°F
Average low
40.0°F
Annual precipitation
42.0 in
Annual snowfall
30.3 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)

Walkability & transit

Walkability index
6.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
9,400
Jobs reachable by transit (45 min)
9,439

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Indiana Dunes National Park (56 mi)
Airports within 30 mi
46
Nearest airport
Arrowhead Farm Airport (2 mi)
Nearest major airport
South Bend International Airport (SBN) (30 mi)
Hospitals nearby (~15 mi)
5
Hospitals include
SAINT JOSEPH REGIONAL MEDICAL CENTER - PLYMOUTH, MICHIANA BEHAVIORAL HEALTH CENTER, KOSCIUSKO COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+12 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,964
Housing built before 1970
54.7%
Housing built 2000 or later
14.1%
Median annual property tax
$1,293
Mean commute to work
23 min
Households with broadband internet
52.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
17,030
Average weekly wage
$965
Top industries (by employment)
Health Care, Accommodation & Food, Education
Annual residential building permits (county)
109

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 46504State medianUS median
Median home value$253,136$237,170$289,727
Median sale price$194,000$238,000$325,000
Median days on market17 days38 days51 days
Median annual property tax$1,293$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 46504?
$253,136.
What is the median sale price in ZIP 46504?
$194,000.
How long do homes take to sell in ZIP 46504?
Median days on market: 16.5 days.
What is typical rent in ZIP 46504?
2-bedroom fair-market rent: $1,156/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 46504?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: coldWave, lightning, tornado.
Is ZIP 46504 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 46504?
Risk to homes is higher than 3% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 46504?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 46504?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 46504?
2 schools (1 elementary, 1 high) (NCES, 2022-23).
Is ZIP 46504 walkable?
Walkability index: 6.8/20 (EPA Smart Location Database).
What is the cost of living in ZIP 46504?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

Selling a home in Bourbon, IN?

REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.

Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents