State ranking · Q2 2026
Fastest-appreciating ZIP codes in Indiana
Over the year to Q2 2026, the fastest-appreciating of Indiana's 20 3-digit ZIP regions was ZIP3 473 (Muncie, IN area) at +9.0%, based on FHFA HPI® data. 10 of 20 regions outpaced the statewide change of +4.6%; the U.S. changed +3.0%.
1 of 20 regions in Indianause a FHFA "Balance of State" or metro index instead of a separately estimated 3-digit ZIP index, so some regions share identical values and rankings can tie.
Ranked by 1-year change
| # | 3-digit ZIP region | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| 1 | 473 · Muncie, IN area | +9.0% | +23.6% | +54.4% |
| 2 | 478 · Terre Haute, IN area | +7.5% | +22.5% | +55.4% |
| 3 | 467 · Huntington, IN area | +6.8% | +21.1% | +53.8% |
| 4 | 460 · Carmel, IN area | +6.5% | +17.4% | +55.0% |
| 5 | 465 · Elkhart, IN area | +6.4% | +18.4% | +49.4% |
| 6 | 466 · South Bend, IN area | +6.3% | +16.4% | +55.9% |
| 7 | 476 · Princeton, IN area | +6.1% | +15.4% | +39.9% |
| 8 | 469 · Kokomo, IN area | +5.2% | +21.1% | +52.4% |
| 9 | 475 · Vincennes, IN area | +5.2% | +19.1% | +46.9% |
| 10 | 471 · Jeffersonville, IN area | +5.0% | +17.1% | +45.3% |
| 11 | 479 · Lafayette, IN area | +4.3% | +18.8% | +51.5% |
| 12 | 463 · Hammond, IN area | +4.3% | +15.0% | +42.1% |
| 13 | 464 · Gary, IN area | +4.1% | +14.7% | +40.8% |
| 14 | 470 · Batesville, IN area | +3.6% | +23.1% | +51.1% |
| 15 | 468 · Fort Wayne, IN area | +3.5% | +15.7% | +55.1% |
| 16 | 461 · Greenwood, IN area | +3.2% | +14.8% | +45.8% |
| 17 | 472 · Columbus, IN area | +2.9% | +17.3% | +44.0% |
| 18 | 474 · Bloomington, IN area | +2.1% | +13.1% | +38.3% |
| 19 | 477 · Evansville, IN area | +1.9% | +13.0% | +38.7% |
| 20 | 462 · Indianapolis, IN area | +1.7% | +9.3% | +37.2% |
Top 10 by 5-year change
| # | 3-digit ZIP region | 5 years | 1 year |
|---|---|---|---|
| 1 | 466 · South Bend, IN area | +55.9% | +6.3% |
| 2 | 478 · Terre Haute, IN area | +55.4% | +7.5% |
| 3 | 468 · Fort Wayne, IN area | +55.1% | +3.5% |
| 4 | 460 · Carmel, IN area | +55.0% | +6.5% |
| 5 | 473 · Muncie, IN area | +54.4% | +9.0% |
| 6 | 467 · Huntington, IN area | +53.8% | +6.8% |
| 7 | 469 · Kokomo, IN area | +52.4% | +5.2% |
| 8 | 479 · Lafayette, IN area | +51.5% | +4.3% |
| 9 | 470 · Batesville, IN area | +51.1% | +3.6% |
| 10 | 465 · Elkhart, IN area | +49.4% | +6.4% |
Top 10 by 10-year change
| # | 3-digit ZIP region | 10 years | 1 year |
|---|---|---|---|
| 1 | 468 · Fort Wayne, IN area | +130% | +3.5% |
| 2 | 466 · South Bend, IN area | +126% | +6.3% |
| 3 | 460 · Carmel, IN area | +116% | +6.5% |
| 4 | 479 · Lafayette, IN area | +111% | +4.3% |
| 5 | 467 · Huntington, IN area | +111% | +6.8% |
| 6 | 469 · Kokomo, IN area | +109% | +5.2% |
| 7 | 461 · Greenwood, IN area | +106% | +3.2% |
| 8 | 465 · Elkhart, IN area | +106% | +6.4% |
| 9 | 473 · Muncie, IN area | +105% | +9.0% |
| 10 | 462 · Indianapolis, IN area | +103% | +1.7% |
Top 10 by change since Q1 1995
| # | 3-digit ZIP region | Since Q1 1995 | 1 year |
|---|---|---|---|
| 1 | 474 · Bloomington, IN area | +252% | +2.1% |
| 2 | 467 · Huntington, IN area | +246% | +6.8% |
| 3 | 471 · Jeffersonville, IN area | +246% | +5.0% |
| 4 | 470 · Batesville, IN area | +242% | +3.6% |
| 5 | 466 · South Bend, IN area | +240% | +6.3% |
| 6 | 460 · Carmel, IN area | +236% | +6.5% |
| 7 | 465 · Elkhart, IN area | +235% | +6.4% |
| 8 | 468 · Fort Wayne, IN area | +228% | +3.5% |
| 9 | 475 · Vincennes, IN area | +228% | +5.2% |
| 10 | 462 · Indianapolis, IN area | +216% | +1.7% |
Frequently asked questions
- What is the fastest-appreciating ZIP code area in Indiana?
- Over the past year, ZIP3 473 (Muncie, IN area) led Indiana at +9.0%. Over five years the leader was ZIP3 466 (South Bend, IN area) at +55.9%, and since Q1 1995 it was ZIP3 474 (Bloomington, IN area) at +252%.
- Why are rankings by 3-digit ZIP and not 5-digit ZIP?
- FHFA publishes its quarterly ZIP-level index for 3-digit ZIP regions, which group all ZIP codes sharing the same first three digits. Each region covers many communities, so results describe broad regional trends rather than any one neighborhood or home.