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Home values, rents and more in ZIP code 46160 (Morgantown, IN)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$344,000
Metro: $292,000 · U.S.: $366,000
Home values, past year
+4.2%
Metro: +1.0% · U.S.: +1.2%
Population
6,514
ACS 2020–24
Median household income
$76,445
Metro: $79,852 · U.S.: $80,734
ZIP codes around 46160, shaded by typical home value4616046151474484720146131461584740846143461814740446166474684615746106
  • Under $260k
  • $260k–$270k
  • $270k–$320k
  • $320k–$340k
  • $340k+
  • No data
ZIP codes around 46160, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 46160 is outlined.

How 46160 compares

The typical home in ZIP code 46160 (Morgantown, IN) is worth about $344,000, according to the Zillow Home Value Index for September 2026. Home values in 46160 are 18% above the typical value in the Indianapolis metro area ($292,000) and 6% below the U.S. typical value ($366,000).

Over the past year, home values in 46160 rose 4.2%, compared with +1.0% in the Indianapolis metro area and +1.2% nationally.

The median household income is $76,445, against $79,852 in the Indianapolis metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 6,514 people live in 46160 (American Community Survey 2020–24).

46160 has the 30th-highest typical home value of the 115 ZIP codes in the Indianapolis metro area and the 69th-highest of 697 in Indiana with Zillow figures.

Part of: Morgantown, IN · Morgan County, IN · Indianapolis metro area · Indiana

More for 46160 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 46160 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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