Zip lookup · IN

47361
Mount Summit, Indiana.

Mount Summit, Henry County, IN · New Castle, IN metro · population 271

What it costs per month · 47361 $833/mo

to buy the typical home at today's mortgage rate — +$494 (+145%) since Jan 2020.

What the home itself did
1 year
Up $2,223 +1%
$156,551$158,774 since Sep 2025
5 years
Up $43,684 +38%
$115,090$158,774 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 47361 $833 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 47361$833
  • 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 47361 rose 1.4% over the past year — faster than the nation's +1.2%.

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

Typical home value $158,774 as of Sep 2026
+1.4%year on year

Typical home value — 47361

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 47361 $158,774 New Castle $190,223 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 47361$158,774
  • New Castle$190,223
  • United States$366,157

Within 20 miles

Showing 30 of 35 zips in range — sorting picks from all 35.

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
3.1 47388 Sulphur Springs 398 — $168,468
3.4 47386 Springport 1,249 — $261,417
5.1 47362 New Castle 29,337 $854 $168,471
6.6 47356 Middletown 5,522 — $244,271
6.6 47360 Mooreland 1,643 — $254,920
8.7 47302 Muncie 25,473 $976 $102,448
9.9 47351 Kennard 397 — $158,072
10.2 47354 Losantville 1,182 — $201,540
10.5 47334 Daleville 3,336 — $232,695
10.9 47384 Shirley 2,161 — $229,705
12.0 47383 Selma 2,612 — $245,656
12.1 46056 Markleville 2,076 — $279,867
12.4 47385 Spiceland 1,714 — $209,398
12.5 47387 Straughn 603 — $195,514
12.7 46017 Anderson 5,181 — $193,104
12.7 47346 Hagerstown 3,876 — $210,990
13.1 47305 Muncie 3,556 $808 $82,251
14.4 47396 Yorktown 7,712 $1,475 $255,702
14.4 47352 Lewisville 974 — $216,657
14.9 47358 Modoc 818 — $221,737
15.1 46148 Knightstown 4,935 — $222,602
15.6 47339 Economy 528 — $232,874
15.6 47368 Parker City 2,086 — $176,333
15.7 46186 Wilkinson 1,816 — $284,641
15.8 46013 Anderson 19,073 $1,112 $176,710
16.2 46012 Anderson 20,855 $1,207 $184,411
16.4 47327 Cambridge City 4,477 — $182,237
16.4 47304 Muncie 31,237 $1,210 $212,350
17.0 46016 Anderson 17,834 $988 $80,897
18.0 46117 Charlottesville 527 — $269,673

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