Indianapolis 46217

Marion County, IN · 12,493 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

71affordability /100

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

Payment burden
17.9%
affordable
Days on market
25
daily
Price cuts
25.3%
of active
Valuation
-2.6%
vs assessor
Look up an address
77
/100
stable
stable · seller slight · prices rising 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

30/ 100SellerBalancedBuyer
Seller's Market
DOM: 41d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)25
Cancellation Rate (10%)50
Days on Market (5%)40

Seller-favored market in 46217. Expect to pay at or near list price. Payment burden: 17.9% of median income. Median days on market: 41. Renting is approximately 18% cheaper than buying (price-to-rent ratio: 14.1).

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
STABLESELLER SLIGHT

Market is holding steady with balanced conditions. Sellers hold a slight edge.

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Market snapshoteach number, once

Median price
$260,582
▴ 0.0% YoY
Days on market
25
daily · zip_data
Median rent
$1,537
ZORI
Investor score
74/100
cash-flow lens
Active listings
74
90-day

Valuation3 lenses, different anchors

vs assessor
-2.6%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$253,750
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$33
Price-to-income3.0×

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How 46217 ranks in IN
percentile vs all IN ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

46SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply10.0 mo
Days on Market25d
Inv vs History-16.8%
Listing Density--
Market dynamics
Price cut %25.3%
Momentumstable
LeverageSELLER SLIGHT
Months of supply10
Sales (90d)0
Investment analysis
Median rent$1,537
Price-to-rent14.1
Est. cap rate4.6%
Buy vs rentfavors buying

Livability

Walk score2
Transit score2
Bike score—

Historical trends

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Marion County contextmacro · jobs · debt · migration

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

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Indianapolis Metro·Overpriced ZIPs·Investor ZIPs·View on Map·Marion County