Indianapolis 46241
Marion County, IN · 11,846 properties · updated 7/5/2026
Should you buy here?buyer-timing lens
69affordability /100
Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.
Payment burden
18.9%
affordable
Days on market
16
daily
Price cuts
23.7%
of active
Valuation
-9%
vs assessor
76
/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
Seller's Market
DOM: 43d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)0
Cancellation Rate (10%)0
Days on Market (5%)40
Seller-favored market in 46241. Expect to pay at or near list price. Payment burden: 19.0% of median income. Median days on market: 43.
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.
Address lookup$99 report path
Look Up an Address in 46241
Just type the street — we'll auto-scope the search to ZIP 46241.
Actions
Export, share, or compare this ZIP
Market snapshoteach number, once
Median price
$161,247
▴ 0.8% YoY
Days on market
16
daily · zip_data
Median rent
$1,254
ZORI
Investor score
86/100
cash-flow lens
Active listings
45
90-day
Valuation3 lenses, different anchors
vs assessor
-9.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$146,800
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$19
Price-to-income3.1×
How 46241 ranks in IN
percentile vs all IN ZIPs
Comparative ranking not available for this ZIP.
Affordability, supply & momentum
55SUPPLY
Tight MarketSupply Tightness
Supply is below normal — sellers are favored but buyers still have options.
Months of Supply8.5 mo
Days on Market16d
Inv vs History-16.8%
Listing Density--
Market dynamics
Price cut %23.7%
Momentumstable
LeverageSELLER SLIGHT
Months of supply8.5
Sales (90d)0
Investment analysis
Median rent$1,254
Price-to-rent10.7
Est. cap rate6.1%
Buy vs rentfavors buying
Livability
Walk score2
Transit score—
Bike score—
Historical trends
Marion County contextmacro · jobs · debt · migration
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.