ZIP 46218 vs ZIP 46222

46218 is one of 36 ZIP codes that lie mostly in Marion County, IN.

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

9 school locations in 46218: 1 elementary, 5 middle, 2 high, 1 other.

In alphabetical order: Anna Brochhausen School 88, Arlington Woods School 99, HIM By HER Collegiate School for the Arts, James Russell Lowell School 51, and more on the ZIP page. Locations only — no ratings are shown here.

46222 is one of 36 ZIP codes that lie mostly in Marion County, IN.

Shaded by typical home value, it ranks 33 of the 34 with a value.

14 school locations in 46222: 1 elementary, 7 middle, 6 high.

In alphabetical order: Allegiant Preparatory Academy, Christel House Academy West, Clarence Farrington School 61, Cold Spring School, and more on the ZIP page. Locations only — no ratings are shown here.

In August 2003 the typical home in 46218 was worth $29,548.

Values peaked at $120,853 in March 2025. The latest reading is −5.6% from that peak.

As of August 2026: $114,138, −2.4% over twelve months.

Start with the typical home: $114,138. Put 20% down and borrow $91,310 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $632 a month in principal and interest.

The median household here earns $34,635 a year, $2,886 a month. So the payment takes 21.9% of income — rated “affordable” (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 5.7% in 2003.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in August 2003 (6.26%) the payment was $146.

In December 2020, with rates at 2.68%, it was $231.

By August 2026, at 6.67%, it was $587 — +154% since December 2020, while the home's value moved +60%.

Reported values rose +286% since August 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 $53,512. So the real change is +113%, not +286%.

46218: +286% since August 2003.

Marion County: +173% since August 2003.

Indiana: +142% since August 2003 — 46218 ran ahead of it by 144 points.

Owning the typical home costs about $746 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,278 a month.

Price divided by a year's rent: 7.4. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In December 2003 the typical home in 46222 was worth $35,164.

Values peaked at $134,579 in April 2025. The latest reading is −7.1% from that peak.

As of August 2026: $124,987, −6.2% over twelve months.

Start with the typical home: $124,987. Put 20% down and borrow $99,990 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $692 a month in principal and interest.

The median household here earns $45,198 a year, $3,767 a month. So the payment takes 18.4% of income — rated “affordable” (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 5.2% in 2003.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in December 2003 (5.88%) the payment was $166.

In December 2020, with rates at 2.68%, it was $279.

By August 2026, at 6.67%, it was $643 — +130% since December 2020, while the home's value moved +45%.

Reported values rose +255% since December 2003.

General prices (CPI-U) rose +80% over the same span.

Divide one by the other: in August 2026 dollars, the 2003 home was worth $63,339. So the real change is +97%, not +255%.

46222: +255% since December 2003.

Marion County: +170% since December 2003.

Indiana: +140% since December 2003 — 46222 ran ahead of it by 115 points.

Owning the typical home costs about $817 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,217 a month.

Price divided by a year's rent: 8.6. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

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 61 a month (Redfin, 3-month rolling data through August 2026). That is 121% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 192. That is 126% of the 2015–2019 level for the same months.

Going out — closed sales: about 35 a month. That is 100% of the 2015–2019 level for the same months. The drain is drawn 33% narrower: the share of homes for sale that sell each month is 67% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 5.5 months of supply — inside the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 26 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 35 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 36 — so sales ran at 97% of it, and below it in 1 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 40 a month (Redfin, 3-month rolling data through August 2026). That is 113% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 103.

Going out — closed sales: about 26 a month. That is 86% of the 2015–2019 level for the same months. The drain is drawn 29% narrower: the share of homes for sale that sell each month is 71% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 3.9 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 14 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 26 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 30 — so sales ran at 87% of it, and below it in 6 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: 192 in June 2026.

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

County assessor records list 11,802 properties with a market value here. Their average assessed market value is $99,000; the typical home value is $114,138.

The assessor average sits −13.3% 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: 103 in June 2026.

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

County assessor records list 10,932 properties with a market value here. Their average assessed market value is $124,550; the typical home value is $124,987.

The assessor average sits −0.3% from the market figure — an average against a typical value, so treat it as a check, not a verdict.