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Area data

Nora, IN — ZIP 46240

Population: 19,595 (Census ACS)

Home values & appreciation

Median home value
$370,657
1-year appreciation
+1.2%
3-year appreciation
+7.3%
5-year appreciation
+20.0%
10-year appreciation
+81.4%
All-time peak (2026-03)
$374,194
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$420,000
Median list price
$417,500
Median days on market
7.5 days
Sale-to-list ratio
99.2%
Active listings
34
1-year forecast
+1.4%
Days to pending
23 days
New listings (monthly)
30

Rents

Typical rent
$1,530/mo
1-year rent change
+0.1%
1BR fair-market rent
$1,500/mo
3BR fair-market rent
$2,250/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
2
Middle schools
1
High schools
2
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
lightning, strongWind, tornado, coldWave, heatWave
FEMA flood zone
A08
Flood risk level
High

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
63.0°F
Average low
43.0°F
Annual precipitation
49.3 in
Annual snowfall
26.4 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
60
Days with Good air quality
84
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
14.0 / 20
Transit service frequency
1,116

Amenities

Nearest airport
Best Lock Corp. Airstrip (3 mi)
Nearest major airport
Indianapolis International Airport (IND) (16 mi)
Hospitals nearby (~15 mi)
22
Avg hospital rating
3.4 / 5
EV charging stations (within 10 mi)
160
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-4,240 tax filers

Housing stock

Median year housing built
1,979
Median annual property tax
$3,731
Mean commute to work
17 min
Households with broadband internet
79.2%

Employment & development

Total county employment
546,847
Average weekly wage
$1,393
Top industries (by employment)
Health Care, Administrative Services, Accommodation & Food
Annual residential building permits (county)
1,156

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents