46057
Michigantown, Indiana.
Michigantown, Clinton County, IN · Frankfort, IN metro · population 1,270
to buy the typical home at today's mortgage rate — +$768 (+153%) since Jan 2020.
- 1 year
- Up $16,241 +7%
- $225,416$241,657 since Sep 2025
- 5 years
- Up $70,678 +41%
- $170,979$241,657 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.
- 46057$1,268
- 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 46057 rose 7.2% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Michigantown, IN — measured over the city limits, which is a different area from this zip.
Typical home value — 46057
Mid-tier homes, smoothed and seasonally adjusted.
- 46057$241,657
- Frankfort$224,331
- 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 |
|---|---|---|---|---|---|
| 4.1 | 46039 | Forest | 600 | — | $224,349 |
| 6.6 | 46041 | Frankfort | 23,134 | $939 | $212,381 |
| 8.1 | 46979 | Russiaville | 4,908 | — | $266,423 |
| 8.7 | 46049 | Kempton | 763 | — | $211,886 |
| 9.3 | 46050 | Kirklin | 1,808 | — | $268,798 |
| 9.7 | 46915 | Burlington | 617 | — | $204,879 |
| 10.7 | 46920 | Cutler | 1,401 | — | $305,272 |
| 13.1 | 46913 | Bringhurst | 1,400 | — | $281,568 |
| 13.6 | 46065 | Rossville | 3,644 | — | $295,412 |
| 14.3 | 46068 | Sharpsville | 2,538 | — | $267,723 |
| 14.3 | 46058 | Mulberry | 2,093 | — | $260,388 |
| 15.4 | 46929 | Flora | 3,056 | — | $212,403 |
| 15.8 | 46069 | Sheridan | 7,504 | — | $339,452 |
| 16.6 | 46902 | Kokomo | 37,017 | $1,186 | $200,506 |
| 16.7 | 46072 | Tipton | 9,049 | $1,085 | $245,161 |
| 17.4 | 46901 | Kokomo | 38,082 | $1,013 | $162,085 |
| 18.9 | 46932 | Galveston | 3,066 | — | $208,974 |
| 18.9 | 46035 | Colfax | 1,348 | — | $218,080 |
| 19.3 | 46071 | Thorntown | 3,072 | — | $329,313 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.