Indianapolis 46227

Marion County, IN · 19,469 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

55affordability /100

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

Payment burden
27.5%
affordable
Days on market
40
daily
Price cuts
28.2%
of active
Valuation
-4.9%
vs assessor
Look up an address
65
/100
stable
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

40/ 100SellerBalancedBuyer
Balanced Market
DOM: 54d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)25
Cancellation Rate (10%)50
Days on Market (5%)60

Balanced market in 46227. List price is roughly fair — focus on condition and value. Payment burden: 27.5% of median income. Median days on market: 54. Renting is approximately 19% cheaper than buying (price-to-rent ratio: 14.3).

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.

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Market snapshoteach number, once

Median price
$230,930
▾ 0.2% YoY
Days on market
40
daily · zip_data
Median rent
$1,342
ZORI
Investor score
72/100
cash-flow lens
Active listings
113
90-day

Valuation3 lenses, different anchors

vs assessor
-4.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$219,700
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$30
Price-to-income4.5×

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How 46227 ranks in IN
percentile vs all IN ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

28SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply12.8 mo
Days on Market40d
Inv vs History+1.9%
Listing Density--
Market dynamics
Price cut %28.2%
Momentumstable
LeverageBALANCED
Months of supply12.8
Sales (90d)0
Investment analysis
Median rent$1,342
Price-to-rent14.3
Est. cap rate4.5%
Buy vs rentfavors buying

Livability

Walk score6
Transit score4
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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