ZIP 46216 vs ZIP 46260

46216 is one of 36 ZIP codes that lie mostly in Marion County, IN.

Shaded by typical home value, it ranks 10 of the 34 with a value.

46260 is one of 36 ZIP codes that lie mostly in Marion County, IN — 99% of its own area is in the county.

Shaded by typical home value, it ranks 11 of the 34 with a value.

4 school locations in 46260: 3 elementary, 1 middle.

In alphabetical order: Greenbriar Elementary School, Spring Mill Elementary School, Westlane Middle School, Willow Lake Elementary School. Locations only — no ratings are shown here.

In November 2003 the typical home in 46216 was worth $176,254.

Values peaked at $309,132 in April 2026. The latest reading is −0.9% from that peak.

As of August 2026: $306,468, +0.3% over twelve months.

Start with the typical home: $306,468. Put 20% down and borrow $245,174 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,698 a month in principal and interest.

The median household here earns $56,838 a year, $4,737 a month. So the payment takes 35.8% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 20.6% in 2003.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in November 2003 (5.93%) the payment was $839.

In December 2020, with rates at 2.68%, it was $708.

By August 2026, at 6.67%, it was $1,577 — +123% since December 2020, while the home's value moved +40%.

Reported values rose +74% since November 2003.

General prices (CPI-U) rose +81% over the same span.

Divide one by the other: in August 2026 dollars, the 2003 home was worth $318,335. So the real change is −4%, not +74%.

46216: +74% since November 2003.

Marion County: +171% since November 2003.

Indiana: +141% since November 2003 — 46216 ran behind it by 67 points.

Owning the typical home costs about $2,004 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,495 a month.

Price divided by a year's rent: 17.1. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In July 2003 the typical home in 46260 was worth $148,070.

Values peaked at $307,219 in March 2026. The latest reading is −0.4% from that peak.

As of August 2026: $306,073, +1.2% over twelve months.

Start with the typical home: $306,073. Put 20% down and borrow $244,858 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,695 a month in principal and interest.

The median household here earns $70,642 a year, $5,887 a month. So the payment takes 28.8% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 13.9% in 2003.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in July 2003 (5.63%) the payment was $682.

In December 2020, with rates at 2.68%, it was $758.

By August 2026, at 6.67%, it was $1,575 — +108% since December 2020, while the home's value moved +31%.

Reported values rose +107% since July 2003.

General prices (CPI-U) rose +82% over the same span.

Divide one by the other: in August 2026 dollars, the 2003 home was worth $269,324. So the real change is +14%, not +107%.

46260: +107% since July 2003.

Marion County: +173% since July 2003.

Indiana: +143% since July 2003 — 46260 ran behind it by 36 points.

Owning the typical home costs about $2,001 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,269 a month.

Price divided by a year's rent: 20.1. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Homes sold: about 2 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 3 — so sales ran at 67% of it, and below it in 17 of the last 24 months.

Across Marion County, builders pulled permits for 1,342 new homes in 2025.

Of those, 78% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 37 a month (Redfin, 3-month rolling data through August 2026). That is 70% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 62.

Going out — closed sales: about 38 a month. That is 78% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 1.6 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 1 more homes sold than came on each month, so inventory is shrinking. The basin is draining.

Homes sold: about 38 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 43 — so sales ran at 88% of it, and below it in 21 of the last 24 months.

Across Marion County, builders pulled permits for 1,342 new homes in 2025.

Of those, 78% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Marion County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 11,073 moved in. Among the ten receiving the most, 14,542 moved out.

Net across those counties: −3,469 households. Beside it, homes for sale in this ZIP: 4 in June 2026.

Most arrivals came from Hamilton, IN (3,043 households); most departures went to Hamilton, IN (3,949).

County assessor records list 624 properties with a market value here. Their average assessed market value is $312,950; the typical home value is $306,468.

The assessor average sits +2.1% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

This ZIP sits in Marion County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 11,073 moved in. Among the ten receiving the most, 14,542 moved out.

Net across those counties: −3,469 households. Beside it, homes for sale in this ZIP: 62 in June 2026.

Most arrivals came from Hamilton, IN (3,043 households); most departures went to Hamilton, IN (3,949).

County assessor records list 8,318 properties with a market value here. Their average assessed market value is $303,850; the typical home value is $306,073.

The assessor average sits −0.7% from the market figure — an average against a typical value, so treat it as a check, not a verdict.