3-digit ZIP regional index
Home appreciation in ZIP codes 466xxSouth Bend, IN area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 466 changed +6.3% over the year to Q2 2026, compared with +4.6% for Indiana and +3.0% for the United States.
The region covers ZIP codes 46601–46637. Most of its 2010 population lived in St. Joseph County (100%). Communities in the region include Granger, Roseland, Notre Dame, Indian Village. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +6.3%
- 5-year change
- +55.9%
- Since Q1 1995
- +240%
- National rank (1 year)
- 119th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 466 vs Indiana and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 466: 339.7
- Indiana: 319.8
- South Bend-Mishawaka, IN-MI metro: 337.8
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 466 | IN | U.S. | Gap vs IN | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +6.3% | +4.6% | +3.0% | +1.7 pts | +3.2 pts |
| 3 years | +16.4% | +16.2% | +12.9% | +0.1 pts | +3.5 pts |
| 5 years | +55.9% | +46.7% | +41.3% | +9.2 pts | +14.6 pts |
| 10 years | +126% | +104% | +93.3% | +21.9 pts | +32.2 pts |
| Since Q1 1995 | +240% | +220% | +292% | +19.9 pts | −51.9 pts |
If you bought in ZIP3 466 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +232% | $997,231 |
| Q2 2000 | +171% | $812,720 |
| Q2 2005 | +131% | $693,575 |
| Q2 2010 | +138% | $713,035 |
| Q2 2015 | +134% | $702,710 |
| Q2 2020 | +77.8% | $533,349 |
| Q2 2021 | +55.9% | $467,571 |
| Q2 2023 | +16.4% | $349,140 |
| Q2 2025 | +6.3% | $318,778 |
How ZIP3 466 ranks
Over the past year ZIP3 466 ranks 119th of 882 3-digit ZIP regions nationally and 6th of 20 in Indiana. Its one-year change is +3.2 pts versus the nation and +1.7 pts versus Indiana. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Indiana |
|---|---|---|
| 1 year | 119th of 882 | 6th of 20 |
| 3 years | 380th of 882 | 12th of 20 |
| 5 years | 105th of 882 | 1st of 20 |
| 10 years | 61st of 882 | 2nd of 20 |
| Since Q1 1995 | 571st of 879 | 5th of 20 |
Boom, bust, and recovery in ZIP3 466
ZIP3 466's index peaked in Q2 2007, fell 11.1% to its low in Q2 2014, and regained its peak in Q4 2016, about 9.5 years after the top. Today it sits +118% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 466 | Q2 2007 | Q2 2014 | -11.1% | Q4 2016 (9.5 yrs) | +118% |
| IN | Q1 2008 | Q2 2011 | -7.3% | Q3 2015 (7.5 yrs) | +110% |
| Metro | Q1 2008 | Q1 2014 | -10.4% | Q3 2016 (8.5 yrs) | +113% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 466's index has changed +53.4% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 466 after inflation | IN after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +2.3% | +0.7% | +2.8% | -0.8% |
| 3 years | +9.8% | +6.0% | +5.8% | +7.3% | +2.8% |
| 5 years | +24.0% | +25.7% | +18.3% | +24.0% | +13.9% |
| 10 years | +39.1% | +62.1% | +46.4% | +54.0% | +39.0% |
| Since Q1 1995 | +121% | +53.4% | +44.5% | +52.6% | +76.8% |
Estimate appreciation for a home in ZIP3 466
Regional estimate
$676,583
- Estimated gain
- $376,583
- Index change
- +126%
- Start index
- 150.62
- End index
- 339.69
ZIP3 466 (South Bend, IN area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 491 · Niles, MI area | MI | +7.3% | +51.6% | +273% |
| 465 · Elkhart, IN area | IN | +6.4% | +49.4% | +235% |
| 463 · Hammond, IN area | IN | +4.3% | +42.1% | +201% |
| 490 · Kalamazoo, MI area | MI | +2.8% | +45.8% | +240% |
| 464 · Gary, IN area | IN | +4.1% | +40.8% | +197% |
| 467 · Huntington, IN area | IN | +6.8% | +53.8% | +246% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 339.69 |
| Q1 2026 | 327.59 |
| Q4 2025 | 320.95 |
| Q3 2025 | 321.49 |
| Q2 2025 | 319.68 |
| Q1 2025 | 317.98 |
| Q4 2024 | 309.96 |
| Q3 2024 | 306.46 |
| Q2 2024 | 301.53 |
| Q1 2024 | 288.96 |
| Q4 2023 | 285.93 |
| Q3 2023 | 285.19 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 466?
- Based on FHFA HPI® data for 3-digit ZIP region 466, the regional index changed +6.3% over the year to Q2 2026, +55.9% over five years, +126% over ten years, and +240% since Q1 1995.
- Is ZIP3 466 appreciating faster than Indiana and the U.S.?
- Over the past year the region's index +6.3% compares with +4.6% for Indiana and +3.0% for the U.S., a gap of +3.2 pts versus the nation. Over five years the gap versus the nation is +14.6 pts.
- Which ZIP codes are in 3-digit ZIP region 466?
- All ZIP codes that begin with 466. Census 2010 ZIP Code Tabulation Areas in this region run from 46601 to 46637 (10 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.