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Nappanee, IN Home Values and Rents
The typical home value in Nappanee is $299,200, 74th highest of 351 cities and towns in Indiana. Median rent is $856 a month.
- Typical home value
- $299,200
- 74th of 351 in IN
- Median rent
- $856/mo
- ACS 2020-2024
- Price change, 1 year
- +6.0%
- Sep 2026
- Homeownership
- 63.4%
- IN: 70.6%
Home sale prices in the Elkhart-Goshen, IN area
Zillow median sale price, Sep 2026
$258,982-0.4% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Typical home value in Nappanee
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Nappanee |
|---|---|
| Sep 2026 | $299,200 |
| Dec 2025 | $288,369 |
| Dec 2024 | $271,572 |
| Dec 2023 | $260,227 |
| Dec 2022 | $250,305 |
| Dec 2021 | $229,187 |
| Dec 2020 | $207,062 |
| Dec 2019 | $189,977 |
| Dec 2018 | $181,028 |
| Dec 2017 | $169,855 |
| Dec 2016 | $161,245 |
| Dec 2015 | $149,458 |
| Dec 2014 | $142,751 |
| Dec 2013 | $138,425 |
| Dec 2012 | $133,691 |
Over five years, Nappanee prices changed +32.1%.
Source: Zillow Research · Last updated 09/01/2026
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Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 46550 | $281,600 | $843 | +4.0% | +51.4% |
Fair Market Rents, FY2027
HUD rent standard for Elkhart-Goshen, IN MSA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $1,008 | +4.1% |
| 1 bedroom | $1,048 | +5.6% |
| 2 bedrooms | $1,253 | +5.9% |
| 3 bedrooms | $1,653 | +6.4% |
| 4 bedrooms | $1,752 | +10.8% |
Frequently asked questions
- What is the typical home value in Nappanee, IN?
- The typical home value in Nappanee is $299,200 (Zillow Home Value Index, Sep 2026). The Indiana median is $218,200.
- How much is rent in Nappanee?
- The median rent in Nappanee is $856 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,253.
- Are home prices going up in Nappanee?
- The typical home value in Nappanee changed +6.0% over one year and +32.1% over five years, as of Sep 2026.
- How does Nappanee compare with the rest of Indiana?
- Nappanee has the 74th highest median home value of 351 cities and towns with 1,000+ residents in Indiana.
- Which ZIP code in Nappanee has the highest home values?
- ZIP code 46550 has the highest median home value at $281,600.