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Markle town, IN

ZIP 46770 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46770

Median Home Value
$203,900
Median Rent
$652
Affordability Snapshot
$56,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,310/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 46770 in Markle town, IN, a household would need roughly $56,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,310. That sits below the local median household income ($74,191), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
86.0%+31% vs US avg
x
Vacancy Rate
4.5%-56% vs US avg
x
Broadband Access
89.0%+2% vs US avg
x
4+ Bedrooms
1.4%-91% vs US avg
x
Built Pre-1939
4.4%-66% vs US avg
x
Built Post-2014
1.6%-77% vs US avg
x
Rent Burden >30%
49.3%-1% vs US avg
x
Mortgage-Free
39.3%+3% vs US avg
x
$203,900
Home Value
$652
Rent
1970
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached87.5%
  • 1-unit attached0.3%
  • 2-9 units7.9%
  • 10+ units0.8%
  • Mobile home & other3.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$203,900
Median rent$652
Owner-occupied86.0%
Vacant4.5%
Price-to-income2.7x
Est. income to buy$56,000