Housing · Wheatfield

Wheatfield, IN housing market

The median sale price was $292,000 in May 2026.

Home values, sales, trends and how Wheatfield compares with the towns next door — updated as new data is published.

The market right now

Wheatfield at a glance

Median sale price
$292K
May 2026 · Redfin
Homes sold
2
in May · 2 for sale

Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Price trend

Home prices up 47% in 5 years

The federal house price index for the ZIP code around Wheatfield rose 47% over the past 5 years, slower than across Indiana (53%). Last year prices rose 2.7%.

Past year
+2.7%
Indiana: +4.3%
Past 5 years
+47%
Indiana: +53%
Past 10 years
+82%
Indiana: +94%
Wheatfield areaIndiana
0%+50%+100%+150% 200020052010201520202025 2000: 0% since 20002001: +6% since 2000 · +6% that year2002: +7% since 2000 · +1% that year2003: +11% since 2000 · +3.7% that year2004: +13% since 2000 · +1.5% that year2005: +20% since 2000 · +6.1% that year2006: +26% since 2000 · +5.6% that year2007: +34% since 2000 · +6.1% that year2008: +30% since 2000 · −2.7% that year2009: +27% since 2000 · −2.8% that year2010: +23% since 2000 · −2.6% that year2011: +20% since 2000 · −2.4% that year2012: +19% since 2000 · −0.7% that year2013: +23% since 2000 · +2.7% that year2014: +25% since 2000 · +2.1% that year2015: +29% since 2000 · +2.9% that year2016: +38% since 2000 · +7.3% that year2017: +42% since 2000 · +2.4% that year2018: +44% since 2000 · +1.5% that year2019: +54% since 2000 · +6.7% that year2020: +60% since 2000 · +4.3% that year2021: +77% since 2000 · +10% that year2022: +106% since 2000 · +16% that year2023: +111% since 2000 · +2.8% that year2024: +129% since 2000 · +8.2% that year2025: +135% since 2000 · +2.7% that year Wheatfield +135%
Show as a table
YearChange that yearSince 2000Indiana since 2000
2025+2.7%+135%+126%
2024+8.2%+129%+117%
2023+2.8%+111%+106%
2022+16%+106%+90%
2021+10%+77%+65%
2020+4.3%+60%+48%
2019+6.7%+54%+42%
2018+1.5%+44%+34%
2017+2.4%+42%+26%
2016+7.3%+38%+20%
2015+2.9%+29%+16%
2014+2.1%+25%+13%
2013+2.7%+23%+10%
2012−0.7%+19%+9%
2011−2.4%+20%+9.6%
2010−2.6%+23%+12%
2009−2.8%+27%+14%
2008−2.7%+30%+17%
2007+6.1%+34%+18%
2006+5.6%+26%+16%
2005+6.1%+20%+14%
2004+1.5%+13%+10%
2003+3.7%+11%+7.8%
2002+1%+7%+6.3%
2001+6%+6%+4.3%
2000———

How Wheatfield ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 46392, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Wheatfield in 2025. The last year with any was 2022 (2 new homes).

New homes, 2025
0
0 in 2024
2026 so far
0
Jan–Aug
Single-familyTwo or more homes per building2026 so far
0102030 2000: 6 homes 2000 2001: 5 homes 2002: 11 homes 2003: 13 homes 2004: 21 homes (11 single-family, 10 in buildings with 2+ homes) 2005: 9 homes 2005 2006: 11 homes 2007: 13 homes 2008: 4 homes 2009: 5 homes 2010: 2 homes (0 single-family, 2 in buildings with 2+ homes) 2010 2011: 0 homes 2012: 1 home 2013: 1 home 2014: 2 homes 2015: 2 homes 2015 2016: 0 homes 2017: 9 homes 2018: 9 homes 2019: 8 homes 2020: 10 homes 2020 2021: 6 homes 2022: 2 homes 2023: 0 homes 2024: 0 homes 2025: 0 homes 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents+51
New homes+34

Between the 2010 and 2020 censuses, Wheatfield gained 51 residents while 34 new homes were permitted: about 1.5 new residents per new home. Building and growth moved roughly in step. Across Indiana: 1.7 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022220$500,000
2021660$1.1 million
202010100$1.6 million
2019880$1.1 million
2018990$1 million
2017990$1.4 million
2016000—
2015220$450,000
2014220$350,000
2013110$250,000
2012110$150,000
2011000$120,000
2010202$175,000
2009550$725,000
2008440$680,000
200713130$1.6 million
200611110$1.5 million
2005990$1.1 million
2004211110$2 million
200313130$1.5 million
200211110$1.2 million
2001550$490,000
2000660$480,000

Wheatfield's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

The homes

Owners, rent & taxes

Homeownership
80.9%
Median tax bill
$832
Median rent
$788
Typical home built
1975

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,210

HUD's Fair Market Rent for a two-bedroom in Wheatfield is $1,210 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Wheatfield pay a median of $788, so moving in tends to cost more than staying put.

1 bedroom
$920
a month, with utilities
2 bedrooms
$1,210
a month, with utilities
3 bedrooms
$1,580
a month, with utilities

Studio $920 · 4 bedrooms $1,600

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46392; Jasper County, IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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