Zip lookup · IN

46166
Paragon, Indiana.

Paragon, Morgan County, IN · Indianapolis-Carmel-Anderson, IN metro · population 2,813

What it costs per month · 46166 $1,403/mo

to buy the typical home at today's mortgage rate — +$872 (+164%) since Jan 2020.

What the home itself did
1 year
Up $9,180 +4%
$258,150$267,329 since Sep 2025
5 years
Up $72,499 +37%
$194,830$267,329 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 46166 $1,403 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 46166$1,403
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 11 years.

Typical home values in zip 46166 rose 3.6% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Morgan County, IN 95% · Owen County, IN 5%

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

Typical home value $267,329 as of Sep 2026
+3.6%year on year

Typical home value — 46166

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 46166 $267,329 Indianapolis $291,634 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 46166$267,329
  • 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
6.1 47433 Gosport 4,176 — $246,265
6.4 47456 Quincy 1,455 — $274,918
8.7 46151 Martinsville 32,446 $1,243 $294,716
9.5 46157 Monrovia 4,558 — $304,014
10.5 47429 Ellettsville 7,399 — $273,645
11.8 46180 Stilesville 1,085 — $291,076
12.2 46120 Cloverdale 5,947 — $262,151
14.1 46111 Brooklyn 448 — $192,482
14.2 47468 Unionville 1,303 — $368,780
14.2 47404 Bloomington 22,744 $1,634 $310,866
14.7 47460 Spencer 11,006 — $253,796
15.2 47408 Bloomington 23,053 $2,340 $338,636
15.7 46158 Mooresville 24,878 — $315,262
16.0 46118 Clayton 4,709 — $330,059
16.6 47868 Poland 2,666 — $199,083
17.8 46160 Morgantown 6,514 — $343,924
17.9 46128 Fillmore 2,490 — $307,562
17.9 46121 Coatesville 5,271 — $333,758
18.2 46103 Amo 361 — $196,586

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