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Area data

Twelve mile, IN — ZIP 46988

Population: 1,086 (Census ACS)

The median home value in ZIP 46988 (Twelve mile, IN) is $216,949 — up 3.3% over the past year. Homes sell for a median $163,750 after a median 164 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, coldwave, drought 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

$216,949

Median home value

+3.3%

1-year change

164

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$216,949
1-year appreciation
+3.3%
3-year appreciation
+15.1%
5-year appreciation
+30.8%
10-year appreciation
+87.3%
All-time peak (2026-07)
$216,949
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
$163,750
Median list price
$166,400
Median price per sqft
$110
1-year sale-price change
-34.5%
Median days on market
164 days
Homes sold (recent period)
2
Sale-to-list ratio
96.9%
Active listings
1
1-year forecast
+3.1%

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)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strongWind, coldWave, drought, hail, winterWeather
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Moderate · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 1% of US counties
Buildings in wildfire direct-exposure zone
33.7%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Cliff Drive Groundwater Contamination (12 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)

Annual precipitation
41.3 in
Annual snowfall
21.1 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
3.7 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
3,429
Jobs reachable by transit (45 min)
4,272

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
30
Nearest airport
Peru Municipal Airport (8 mi)
Nearest major airport
Grissom Air Reserve Base (GUS) (16 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
MEMORIAL HOSPITAL, FOUR COUNTY COUNSELING CENTER, DUKES MEMORIAL HOSPITAL
Avg hospital rating (CMS)
3.5 / 5
Best hospital rating nearby (CMS)
4.0 / 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)
-84 tax filers

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

Housing stock

Median year housing built
1,972
Housing built before 1970
47.5%
Housing built 2000 or later
4.3%
Median annual property tax
$767
Households with broadband internet
36.9%

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

Employment & development

Total county employment
11,314
Average weekly wage
$900
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
38

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

How it compares

ZIP 46988State medianUS median
Median home value$216,949$237,170$289,727
Median sale price$163,750$238,000$325,000
Median days on market164 days38 days51 days
Median annual property tax$767$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 46988?
$216,949.
What is the median sale price in ZIP 46988?
$163,750.
How long do homes take to sell in ZIP 46988?
Median days on market: 164 days.
What is typical rent in ZIP 46988?
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 46988?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, coldWave, drought, hail, winterWeather.
Is ZIP 46988 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 46988?
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 46988?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 46988?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is ZIP 46988 walkable?
Walkability index: 3.7/20 (EPA Smart Location Database).
What is the cost of living in ZIP 46988?
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 →

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