The story of this market
The typical home in ZIP 46706 sells for about $285,000, or $145 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $858 a month.
ZIP 46706 — Auburn
The 46706 housing market remains stable, characterized by a high owner-occupancy rate and consistent demand for single-family homes. While price growth has moderated compared to previous years, the market remains competitive for well-priced inventory. The local economy, anchored by manufacturing, continues to provide a solid foundation for residential stability.
This ZIP is well-suited for family buyers and local professionals seeking an established community with a manageable cost of living and a stable, manufacturing-anchored economy.
Median prices moved up 3.2% year over year.
Homes spend a median of 42 days on market with 3.4 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.9% · poverty 7.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46706, DeKalb County, IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools in the Auburn area are generally considered stable, with performance metrics aligning with state averages for the region.
The area faces standard Midwestern climate risks, including seasonal severe thunderstorms and occasional high-wind events; flood risk is localized to specific low-lying areas near regional waterways.
Auburn maintains a steady economic base anchored by manufacturing and professional services, with ongoing infrastructure maintenance supporting local industrial parks.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The average commute is approximately 18 minutes, reflecting a localized employment base with efficient access to regional highway corridors.
The area features local parks and community green spaces, with proximity to regional lakes and golf courses providing standard recreational access.
The rental market is characterized by steady demand and limited inventory, with rents reflecting the local cost of living and a stable, long-term tenant base.
The economy is heavily influenced by the manufacturing sector, with a strong presence of automotive-related industries and professional services.
The area is served by regional highway networks providing connectivity to the broader Fort Wayne metropolitan area.
Development is focused on maintaining existing infrastructure and supporting modest residential growth within established city limits.
DeKalb County utilizes a standard assessment regime based on annual market value adjustments.
Parcels are subject to standard county and municipal tax levies; no specialized utility or hospital districts are noted.
Property insurance premiums are stable, reflecting the area's moderate risk profile for natural disasters.
Data retrieved from ZCTA-level census profiles and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A nationally recognized landmark celebrating the city's automotive history.
Provides extensive walking trails, sports fields, and community recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.