46161
Morristown, Indiana.
Morristown, Shelby County, IN · Indianapolis-Carmel-Anderson, IN metro · population 2,347
to buy the typical home at today's mortgage rate — +$826 (+143%) since Jan 2020.
- 1 year
- Up $6,056 +2%
- $261,177$267,233 since Sep 2025
- 5 years
- Up $66,612 +33%
- $200,621$267,233 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.
- 46161$1,403
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in zip 46161 rose 2.3% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Shelby County, IN 85% · Hancock County, IN 11% · Rush County, IN 4%
Zillow also publishes an index for the city itself: Morristown, IN — measured over the city limits, which is a different area from this zip.
Typical home value — 46161
Mid-tier homes, smoothed and seasonally adjusted.
- 46161$267,233
- Indianapolis$291,634
- 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 |
|---|---|---|---|---|---|
| 5.3 | 46104 | Arlington | 1,121 | — | $238,490 |
| 7.5 | 46130 | Fountaintown | 2,455 | — | $323,264 |
| 8.3 | 46115 | Carthage | 1,588 | — | $236,917 |
| 9.8 | 46150 | Manilla | 854 | — | $233,738 |
| 10.1 | 46140 | Greenfield | 43,511 | $1,651 | $295,211 |
| 10.7 | 46176 | Shelbyville | 28,782 | $1,083 | $224,569 |
| 10.8 | 46126 | Fairland | 3,902 | — | $271,221 |
| 10.8 | 46117 | Charlottesville | 527 | — | $269,673 |
| 11.9 | 46163 | New Palestine | 14,498 | $1,198 | $384,221 |
| 13.6 | 46148 | Knightstown | 4,935 | — | $222,602 |
| 13.9 | 46110 | Boggstown | 917 | — | $318,000 |
| 14.4 | 46182 | Waldron | 1,803 | — | $240,091 |
| 14.9 | 46173 | Rushville | 10,440 | — | $204,324 |
| 15.6 | 46186 | Wilkinson | 1,816 | — | $284,641 |
| 15.6 | 46259 | Indianapolis | 15,169 | $2,175 | $374,902 |
| 16.0 | 46162 | Needham | 227 | — | $343,904 |
| 16.7 | 46239 | Indianapolis | 33,931 | $1,985 | $292,364 |
| 17.1 | 46156 | Milroy | 952 | — | $230,157 |
| 17.2 | 46229 | Indianapolis | 28,457 | $1,678 | $217,011 |
| 17.2 | 47385 | Spiceland | 1,714 | — | $209,398 |
| 18.0 | 47272 | Saint Paul | 1,844 | — | $225,992 |
| 18.4 | 47384 | Shirley | 2,161 | — | $229,705 |
| 18.7 | 47351 | Kennard | 397 | — | $158,072 |
| 18.7 | 46055 | Mccordsville | 16,010 | $2,244 | $402,067 |
| 19.0 | 46235 | Indianapolis | 36,317 | $1,781 | $216,047 |
| 19.3 | 46040 | Fortville | 15,943 | $1,818 | $504,641 |
| 19.6 | 47352 | Lewisville | 974 | — | $216,657 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.