Indianapolis 46202

Marion County, IN · 7,500 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

42affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
35%
stretched
Days on market
41
daily
Price cuts
21.2%
of active
Valuation
-0.9%
vs assessor
Look up an address
53
/100
mixed
stable · balanced · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

49/ 100SellerBalancedBuyer
Balanced Market
Needs 14.3% correction for affordability
DOM: 81d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)25
Days on Market (5%)75

Balanced market in 46202. List price is roughly fair — focus on condition and value. Payment burden: 35.1% of median income. Median days on market: 81. Renting is approximately 65% cheaper than buying (price-to-rent ratio: 19.8).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers.

Address lookup$99 report path

Look Up an Address in 46202

Just type the street — we'll auto-scope the search to ZIP 46202.

Actions
Export, share, or compare this ZIP
Compare
Get alerts when this market changes

Market snapshoteach number, once

Median price
$352,931
▾ 0.1% YoY
Days on market
41
daily · zip_data
Median rent
$1,489
ZORI
Investor score
51/100
cash-flow lens
Active listings
125
90-day

Valuation3 lenses, different anchors

vs assessor
-0.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$349,900
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+77.7%
County-wide market — the widest, slowest signal.
Marion+77.7%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$170
Price-to-income5.8×

Unlock Vacancy Data

Available with Lotvox Pro — $29/mo.

Start free trial
How 46202 ranks in IN
percentile vs all IN ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

29SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply32.8 mo
Days on Market41d
Inv vs History-1.8%
Listing Density--
Market dynamics
Price cut %21.2%
Momentumstable
LeverageBALANCED
Months of supply32.8
Sales (90d)0
Investment analysis
Median rent$1,489
Price-to-rent19.8
Est. cap rate3.3%
Buy vs rentneutral

Livability

Walk score48
Transit score9
Bike score

Unlock Historical Trends

Available with Lotvox Pro — $29/mo.

Start free trial

Marion County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

Unlock County Economic Data

Available with Lotvox Pro — $29/mo.

Start free trial

Nearby ZIP codes