46163
New Palestine, Indiana.
New Palestine, Hancock County, IN · Indianapolis-Carmel-Anderson, IN metro · population 14,498
to buy the typical home at today's mortgage rate — +$1,077 (+115%) since Jan 2020.
- 1 year
- Up $7,818 +2%
- $376,403$384,221 since Sep 2025
- 5 years
- Up $71,037 +23%
- $313,184$384,221 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.
- 46163$2,017
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in zip 46163 rose 2.1% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Hancock County, IN 86% · Shelby County, IN 13% · Marion County, IN 1%
Zillow also publishes an index for the city itself: New Palestine, IN — measured over the city limits, which is a different area from this zip.
Asking rent — 46163
Against the Indianapolis-Carmel-Anderson, IN metro and the national benchmark.
Not enough data to draw this yet.
Typical home value — 46163
Mid-tier homes, smoothed and seasonally adjusted.
- 46163$384,221
- Indianapolis$291,634
- United States$366,157
Within 20 miles
Showing 30 of 53 zips in range — sorting picks from all 53.
| 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 |
|---|---|---|---|---|---|
| 5.1 | 46239 | Indianapolis | 33,931 | $1,985 | $292,364 |
| 5.2 | 46130 | Fountaintown | 2,455 | — | $323,264 |
| 5.7 | 46229 | Indianapolis | 28,457 | $1,678 | $217,011 |
| 6.9 | 46259 | Indianapolis | 15,169 | $2,175 | $374,902 |
| 7.5 | 46126 | Fairland | 3,902 | — | $271,221 |
| 8.3 | 46219 | Indianapolis | 38,855 | $1,053 | $182,872 |
| 8.5 | 46235 | Indianapolis | 36,317 | $1,781 | $216,047 |
| 8.8 | 46140 | Greenfield | 43,511 | $1,651 | $295,211 |
| 9.9 | 46237 | Indianapolis | 43,473 | $1,728 | $256,945 |
| 10.0 | 46107 | Beech Grove | 13,020 | $1,291 | $188,302 |
| 10.2 | 46203 | Indianapolis | 37,758 | $1,458 | $164,406 |
| 10.9 | 46055 | Mccordsville | 16,010 | $2,244 | $402,067 |
| 10.9 | 46226 | Indianapolis | 47,099 | $1,197 | $158,662 |
| 11.0 | 46216 | Indianapolis | 2,767 | $1,491 | $306,109 |
| 11.3 | 46201 | Indianapolis | 30,335 | $1,221 | $149,543 |
| 11.7 | 46110 | Boggstown | 917 | — | $318,000 |
| 11.7 | 46218 | Indianapolis | 29,360 | $1,233 | $112,021 |
| 11.7 | 46236 | Indianapolis | 26,416 | $1,906 | $326,867 |
| 11.9 | 46161 | Morristown | 2,347 | — | $267,233 |
| 12.6 | 46162 | Needham | 227 | — | $343,904 |
| 12.6 | 46227 | Indianapolis | 57,587 | $1,296 | $223,613 |
| 13.6 | 46256 | Indianapolis | 20,990 | $1,168 | $342,629 |
| 13.7 | 46204 | Indianapolis | 11,400 | $1,682 | $345,032 |
| 13.8 | 46225 | Indianapolis | 6,037 | $1,392 | $168,812 |
| 14.0 | 46205 | Indianapolis | 28,259 | $1,296 | $257,419 |
| 14.2 | 46202 | Indianapolis | 20,180 | $1,457 | $346,327 |
| 14.2 | 46040 | Fortville | 15,943 | $1,818 | $504,641 |
| 14.5 | 46143 | Greenwood | 61,803 | $1,601 | $332,325 |
| 14.5 | 46220 | Indianapolis | 36,952 | $1,440 | $341,779 |
| 14.7 | 46184 | Whiteland | 13,304 | $2,118 | $267,186 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.