Zip lookup · IN

46156
Milroy, Indiana.

Milroy, Rush County, IN · population 952

What it costs per month · 46156 $1,208/mo

to buy the typical home at today's mortgage rate — +$741 (+159%) since Jan 2020.

What the home itself did
1 year
Up $10,474 +5%
$219,683$230,157 since Sep 2025
5 years
Up $69,108 +43%
$161,049$230,157 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 46156 $1,208 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 46156$1,208
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 10 years.

Typical home values in zip 46156 rose 4.8% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Rush County, IN 99% · Decatur County, IN 1%

Zillow also publishes an index for the city itself: Milroy, IN — measured over the city limits, which is a different area from this zip.

Typical home value $230,157 as of Sep 2026
+4.8%year on year

Typical home value — 46156

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 46156 $230,157 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 46156$230,157
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
7.8 46150 Manilla 854 — $233,738
8.7 46173 Rushville 10,440 — $204,324
8.8 47272 Saint Paul 1,844 — $225,992
10.2 46182 Waldron 1,803 — $240,091
11.1 47240 Greensburg 21,484 — $263,592
12.0 46133 Glenwood 960 — $198,639
13.6 46104 Arlington 1,121 — $238,490
14.6 47036 Oldenburg 1,173 — $302,601
15.1 47024 Laurel 2,901 — $235,461
15.9 46176 Shelbyville 28,782 $1,083 $224,569
17.1 47234 Flat Rock 1,617 — $244,908
17.1 46161 Morristown 2,347 — $267,233
18.1 46115 Carthage 1,588 — $236,917
18.3 46127 Falmouth 390 — $250,403
19.0 47030 Metamora 1,353 — $255,126
19.5 47006 Batesville 12,988 — $325,578
19.7 47331 Connersville 22,786 — $158,859
20.0 47246 Hope 4,326 — $260,091

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.