ZIP Code Market Report
46761 — Lagrange, IN
Data through February 2026 · Updated monthly
Avg Home Value
$289,057
▲ 8.4% year-over-year
Month-over-Month
+0.3%
▲ 0.3%
Single Family
$288,132
Condo / Co-op
--
The average home value in the 46761 ZIP code (Lagrange, INDIANA) is $289,057 as of February 2026. Home prices are rising, up 8.4% compared to last year.
A 3-bedroom home in 46761 is valued at $267,740. 1-bedroom units start around $256,924.
The market in 46761 has a $311,707 spread between bottom-tier homes at $180,956 and top-tier homes at $492,663. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Lagrange County market area in INDIANA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Lagrange County report.
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Market Snapshot
46761 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $288,119 | $288,054 | $289,057 | ▲ 0.3% |
| Single Family Value | $282,891 | $285,560 | $288,132 | ▲ 1.9% |
Home Values
46761 Home Value Trend
Historical home values for ZIP code 46761. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 46761
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $256,924 |
| 2 Bedrooms | $225,330 |
| 3 Bedrooms | $267,740 |
| 4 Bedrooms | $338,644 |
Property Types
Home Values by Property Type in 46761
How different property types compare in this ZIP code.
All Homes
$289,057
Single Family
$288,132
Bottom Tier
$180,956
Top Tier
$492,663
Data Sources and Methodology
Home value data for ZIP code 46761 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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