The story of this market
The typical home in ZIP 46902 sells for about $227,000, or $116 per square foot.
Prices are up +19.5% from a year ago, so sellers still have some momentum. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $955 a month.
ZIP 46902 — Kokomo
The 46902 housing market shows strong price appreciation, with median prices rising significantly year-over-year. The market remains relatively affordable compared to national averages, supported by a stable local manufacturing-based economy.
This ZIP is well-suited for families and local workers seeking affordable housing options within the Kokomo metropolitan area.
Median prices moved up 19.5% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.7% · poverty 13.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46902, Howard 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.
Kokomo serves as a regional industrial hub with a significant manufacturing presence, particularly in automotive components, which drives local economic momentum.
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 mean travel time to work for residents is approximately 19.4 minutes, reflecting a relatively short commute within the Kokomo metropolitan area.
The area features local parks and proximity to regional shopping and dining districts within the city of Kokomo.
Approximately 33% of housing units in the ZIP are renter-occupied, indicating a stable rental market presence.
The local economy is anchored by the manufacturing sector, with major employers in the automotive industry providing a significant portion of regional employment.
The area is served by local road networks with primary access to Kokomo's employment centers.
Data retrieved from Census Reporter and ACS profiles.
- Kokomo Beach Family Aquatic Center4.53.7 mi
- Chuck E. Cheese4.11.9 mi
- Gravity Trampoline Park3.62.5 mi
- Kokomo Speedway4.65.5 mi
- Howard County Fairgrounds4.48.3 mi
- Kokomo Alehouse4.52.8 mi
- PASTArrific4.32 mi
- Burlington Boathouse4.315.6 mi
- AMC CLASSIC Kokomo 124.32 mi
- Highland Park4.62.9 mi
- Kokomo Beach Family Aquatic Center4.53.7 mi
- Kokomo Opalescent Glass4.82.7 mi
- Jackson Morrow Park4.61.9 mi
- Grissom Air Museum4.816.1 mi
- Kokomo-Howard County Public Library Main4.63.8 mi
- Seiberling Mansion4.84 mi
- Mr. Muffin's Trains Layout4.415.8 mi
- Highland Park4.62.9 mi
- Jackson Morrow Park4.61.9 mi
- Foster Park4.53.7 mi
- Wildcat Creek Reservoir Park4.55.2 mi
- Northwest Park4.45.2 mi
- Wildcat Creek Golf Course4.42.9 mi
- Chippendale Golf Course4.53.1 mi
- Kokomo Country Club4.62.7 mi
- Tipton Municipal Golf Course4.211.7 mi
- Ralphy's Pizza - Golf & Bowling4.51.7 mi
- Meijer4.32.6 mi
- Markland Mall4.22.6 mi
- Rural King4.41.6 mi
- Kohl's4.21.9 mi
- T.J. Maxx4.31.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Various municipal parks serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.