Indianapolis 46220

Marion County, IN · 14,314 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

66affordability /100

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

Payment burden
20.4%
affordable
Days on market
10
daily
Price cuts
29.5%
of active
Valuation
-3.5%
vs assessor
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77
/100
stable
stable · seller advantage · 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

19/ 100SellerBalancedBuyer
Strong Seller's Market
DOM: 25d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)40
Buy vs Rent (15%)50
Cancellation Rate (10%)0
Days on Market (5%)20

Strong seller's market in 46220. Bidding wars likely — be prepared to go above list. Payment burden: 20.4% of median income. Median days on market: 25. Renting is approximately 54% cheaper than buying (price-to-rent ratio: 18.5).

Buyer Caution

Expect bidding wars. Consider offering at or above list to compete.

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

Market is holding steady with balanced conditions. Sellers are firmly in control.

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Market snapshoteach number, once

Median price
$348,323
▴ 0.5% YoY
Days on market
10
daily · zip_data
Median rent
$1,573
ZORI
Investor score
57/100
cash-flow lens
Active listings
74
90-day

Valuation3 lenses, different anchors

vs assessor
-3.5%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$336,300
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$71
Price-to-income3.4×

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How 46220 ranks in IN
percentile vs all IN ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

67SUPPLY
Tight MarketSupply Tightness

Supply is below normal — sellers are favored but buyers still have options.

Months of Supply5.9 mo
Days on Market10d
Inv vs History-6.5%
Listing Density--
Market dynamics
Price cut %29.5%
Momentumstable
LeverageSELLER ADVANTAGE
Months of supply5.9
Sales (90d)0
Investment analysis
Median rent$1,573
Price-to-rent18.5
Est. cap rate3.5%
Buy vs rentneutral

Livability

Walk score6
Transit score1
Bike score

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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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