Indianapolis 46256

Marion County, IN · 7,668 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

60affordability /100

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

Payment burden
24.4%
affordable
Days on market
16
daily
Price cuts
22.7%
of active
Valuation
-3.8%
vs assessor
Look up an address
78
/100
stable
warming · 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: 42d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)70
Buy vs Rent (15%)75
Cancellation Rate (10%)0
Days on Market (5%)40

Seller-favored market in 46256. Expect to pay at or near list price. Payment burden: 24.5% of median income. Median days on market: 42. Renting is approximately 95% cheaper than buying (price-to-rent ratio: 23.4).

Buyer Caution

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

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

Market is warming with rising prices. Sellers hold a slight edge.

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Market snapshoteach number, once

Median price
$348,967
▴ 1.5% YoY
Days on market
16
daily · zip_data
Median rent
$1,241
ZORI
Investor score
43/100
cash-flow lens
Active listings
38
90-day

Valuation3 lenses, different anchors

vs assessor
-3.8%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$335,650
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$43
Price-to-income4.0×

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How 46256 ranks in IN
percentile vs all IN ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

64SUPPLY
Tight MarketSupply Tightness

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

Months of Supply6.6 mo
Days on Market16d
Inv vs History-13.3%
Listing Density--
Market dynamics
Price cut %22.7%
Momentumwarming
LeverageSELLER SLIGHT
Months of supply6.6
Sales (90d)0
Investment analysis
Median rent$1,241
Price-to-rent23.4
Est. cap rate2.8%
Buy vs rentfavors renting

Livability

Walk score1
Transit score1
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