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Home values, rents and more in ZIP code 46986 (Swayzee, IN)

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

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Typical home value
$198,000
Metro: $154,000 · U.S.: $366,000
Home values, past year
+5.7%
Metro: +4.1% · U.S.: +1.2%
Population
1,617
ACS 2020–24
Median household income
$79,438
Metro: $53,522 · U.S.: $80,734
ZIP codes around 46986, shaded by typical home value46986469524695346928469364694046070469194607646911469024693846933
  • Under $160k
  • $160k–$180k
  • $180k–$200k
  • $200k–$210k
  • $210k+
  • No data
ZIP codes around 46986, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 46986 is outlined.

How 46986 compares

The typical home in ZIP code 46986 (Swayzee, IN) is worth about $198,000, according to the Zillow Home Value Index for September 2026. Home values in 46986 are 29% above the typical value in the Marion metro area ($154,000) and 46% below the U.S. typical value ($366,000).

Over the past year, home values in 46986 rose 5.7%, compared with +4.1% in the Marion metro area and +1.2% nationally.

The median household income is $79,438, against $53,522 in the Marion metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 1,617 people live in 46986 (American Community Survey 2020–24).

46986 has the 2nd-highest typical home value of the 10 ZIP codes in the Marion metro area and the 201st-lowest of 697 in Indiana with Zillow figures.

Part of: Swayzee, IN · Grant County, IN · Marion metro area · Indiana

More for 46986 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 46986 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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