La Fontaine, IN 46940 Real Estate Market Report

ZIP Code: 46940
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The housing market in La Fontaine, IN is characterized by a median sold price of $169,900, reflecting a robust demand amidst ongoing price appreciation. This trend is underscored by a year-over-year price increase, suggesting a strong market environment. The median days on market stands at 303, indicating a slower sales velocity, which may point to elevated inventory levels relative to sales activity.

Despite the elevated mortgage rates and economic uncertainties impacting affordability, the market remains hot, driven by strong rental demand and increasing rents across Indiana. However, the combination of elevated interest rate pressure may create challenges for potential buyers, influencing overall market dynamics and liquidity.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The median sold price of $169,900 indicates a strong market demand in La Fontaine.

2. With a median days on market of 303, the market is experiencing slower sales velocity, suggesting elevated inventory levels relative to sales activity.

3. The market temperature is classified as hot, reflecting strong buyer interest despite economic pressures.

4. A year-over-year price increase indicates ongoing price appreciation, which may suggest growing market confidence among sellers.

5. The property tax rate of 1.1% may influence buyer affordability, contributing to interest rate pressure in the market.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.