Area data
Fairmount, IN — ZIP 46928
Population: 4,553 (Census ACS)
The median home value in ZIP 46928 (Fairmount, IN) is $176,083 — up 3.8% over the past year. Homes sell for a median $176,700 after a median 56 days on market. 5 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with hail, inlandflooding, strongwind the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).
$176,083
Median home value
+3.8%
1-year change
56
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $176,083
- 1-year appreciation
- +3.8%
- 3-year appreciation
- +14.6%
- 5-year appreciation
- +30.7%
- 10-year appreciation
- +89.2%
- All-time peak (2026-07)
- $176,083
- 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
- $176,700
- Median list price
- $174,900
- Median price per sqft
- $101
- 1-year sale-price change
- -4.5%
- Median days on market
- 56 days
- Homes sold (recent period)
- 8
- For-sale inventory
- 10
- Sale-to-list ratio
- 98.1%
- Active listings
- 10
- 1-year forecast
- +2.7%
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
- 5
- Elementary schools
- 2
- Middle schools
- 1
- High schools
- 2
- Schools include
- Madison-Grant Jr./Sr. High School, Park Elementary School, Virtual Preparatory Academy of Indiana at Madison-Grant K-5, Virtual Preparatory Academy of Indiana at Madison-Grant 6-8, Virtual Preparatory Academy of Indiana at Madison-Grant 9-12
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- hail, inlandFlooding, strongWind, tornado, winterWeather
- Notable hazard ratings (county)
- coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Low
- FEMA flood zone
- A
- Flood risk level
- High
- Wildfire risk to homes (county)
- Higher than 1% of US counties
- Buildings in wildfire direct-exposure zone
- 29.8%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Marion (Bragg) Dump (9.5 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
- 44.0 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
- 5.2 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 5,232
- Jobs reachable by transit (45 min)
- 6,385
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- Airports within 30 mi
- 48
- Nearest airport
- Peacock Farms Airport (4 mi)
- Nearest major airport
- Delaware County Johnson Field (MIE) (19 mi)
- Hospitals nearby (~15 mi)
- 5
- Hospitals include
- MARION GENERAL HOSPITAL, GRANT-BLACKFORD MENTAL HEALTH, INC, VA N. INDIANA HEALTHCARE SYSTEM
- Avg hospital rating (CMS)
- 3.3 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- EV charging stations (within 10 mi)
- 4
- 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)
- +18 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,961
- Housing built before 1970
- 55.4%
- Housing built 2000 or later
- 11.1%
- Median annual property tax
- $832
- Mean commute to work
- 24 min
- Households with broadband internet
- 65.2%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 23,202
- Average weekly wage
- $933
- Top industries (by employment)
- Health Care, Accommodation & Food, Education
- Annual residential building permits (county)
- 33
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 46928 | State median | US median | |
|---|---|---|---|
| Median home value | $176,083 | $237,170 | $289,727 |
| Median sale price | $176,700 | $238,000 | $325,000 |
| Median days on market | 56 days | 38 days | 51 days |
| Median annual property tax | $832 | $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 46928?
- $176,083.
- What is the median sale price in ZIP 46928?
- $176,700.
- How long do homes take to sell in ZIP 46928?
- Median days on market: 56 days.
- What is typical rent in ZIP 46928?
- 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 46928?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: hail, inlandFlooding, strongWind, tornado, winterWeather.
- Is ZIP 46928 in a flood zone?
- High (FEMA NFIP). FEMA flood zone A.
- What is the wildfire risk in ZIP 46928?
- Risk to homes is higher than 1% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 46928?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 46928?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 46928?
- 5 schools (2 elementary, 1 middle, 2 high) (NCES, 2022-23).
- Is ZIP 46928 walkable?
- Walkability index: 5.2/20 (EPA Smart Location Database).
- What is the cost of living in ZIP 46928?
- Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →