Data as of February 2026. Source: Realtor.com.
The LAPEL, IN real estate market (46051) currently shows 7 active listings, with 2 pending sales. Homes are averaging 163 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 163 days on market compared to 127 days last year.
The median listing price has risen 44.6% year-over-year, from $204,450 to $295,625.
Whether you are buying or selling in LAPEL, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 2,810 · Density: 70.0/mi² · Median household income: $71,000
Typical home value: $164,727 · Homeownership: 75.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46051 | Lapel, IN 46051 | 0.0 mi | 7 | $2,189,306 | $264,900 | $312,758 |
| 46011 | Anderson, IN 46011 | 6.2 mi | 40 | $12,136,600 | $300,000 | $303,415 |
| 46048 | Ingalls, IN 46048 | 7.4 mi | 7 | $2,350,481 | $262,450 | $335,783 |
| 46016 | Anderson, IN 46016 | 8.7 mi | 77 | $8,732,570 | $104,900 | $113,410 |
| 46040 | Fortville, IN 46040 | 9.0 mi | 81 | $50,745,852 | $499,900 | $626,492 |
| 46038 | Fishers, IN 46038 | 11.4 mi | 96 | $37,825,728 | $360,000 | $394,018 |
| 46034 | Cicero, IN 46034 | 11.9 mi | 20 | $14,252,500 | $569,450 | $712,625 |
| 46030 | Arcadia, IN 46030 | 12.4 mi | 9 | $6,304,275 | $644,500 | $700,475 |
| 46012 | Anderson, IN 46012 | 12.9 mi | 65 | $19,262,750 | $189,900 | $296,350 |
| 46236 | Indianapolis, IN 46236 | 13.4 mi | 67 | $34,588,884 | $371,250 | $516,252 |
| 46256 | Indianapolis, IN 46256 | 13.9 mi | 60 | $26,076,360 | $312,500 | $434,606 |
| 46154 | Maxwell, IN 46154 | 14.4 mi | 1 | $99,900 | $99,900 | $99,900 |
| 46216 | Indianapolis, IN 46216 | 16.1 mi | 10 | $3,450,610 | $385,000 | $345,061 |
As of February 2026, there are 7 active listings in LAPEL, IN (zip code 46051), compared to 3 the prior year.
The median listing price in LAPEL, IN 46051 is $295,625 as of February 2026, a 44.6% increase from $204,450 the prior year.
Homes in LAPEL, IN 46051 spend an average of 163 days on the market before going under contract, compared to 127 days the prior year.
Based on current inventory and days-on-market data as of February 2026, LAPEL, IN 46051 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 163 days on market compared to 127 days last year.
With SELL123.com's maximum 3% commission, sellers in LAPEL, IN 46051 save an estimated $5,913 compared to a typical 5% commission on the median listing price of $295,625. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.