ZIP 46278 vs ZIP 46259

46278 is one of 36 ZIP codes that lie mostly in Marion County, IN — 96% of its own area is in the county.

Shaded by typical home value, it ranks 1 of the 34 with a value.

3 school locations in 46278: 1 elementary, 2 high.

In alphabetical order: Fishback Creek Public Academy, Indiana Connections Academy, Indiana Connections Career Academy. Locations only — no ratings are shown here.

46259 is one of 36 ZIP codes that lie mostly in Marion County, IN — 68% of its own area is in the county.

Shaded by typical home value, it ranks 2 of the 34 with a value.

6 school locations in 46259: 3 elementary, 2 middle, 1 high.

In alphabetical order: Acton Elementary School, Franklin Central High School, Franklin Central Junior High, Lillie Idella Kitley Intermediate, and more on the ZIP page. Locations only — no ratings are shown here.

In July 2003 the typical home in 46278 was worth $200,027.

Values peaked at $430,719 in April 2026. The latest reading is the peak.

As of August 2026: $430,690, +2.7% over twelve months.

Start with the typical home: $430,690. Put 20% down and borrow $344,552 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,386 a month in principal and interest.

The median household here earns $153,930 a year, $12,828 a month. So the payment takes 18.6% 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 8.6% 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 $922.

In December 2020, with rates at 2.68%, it was $1,010.

By August 2026, at 6.67%, it was $2,216 — +119% since December 2020, while the home's value moved +38%.

Reported values rose +115% 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 $363,828. So the real change is +18%, not +115%.

46278: +115% since July 2003.

Marion County: +173% since July 2003.

Indiana: +143% since July 2003 — 46278 ran behind it by 28 points.

Owning the typical home costs about $2,816 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,603 a month.

Price divided by a year's rent: 22.4. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In July 2003 the typical home in 46259 was worth $157,326.

Values peaked at $374,380 in August 2026. The latest reading is the peak.

As of August 2026: $374,380, +1.7% over twelve months.

Start with the typical home: $374,380. Put 20% down and borrow $299,504 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,074 a month in principal and interest.

The median household here earns $129,615 a year, $10,801 a month. So the payment takes 19.2% 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 8.1% 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 $725.

In December 2020, with rates at 2.68%, it was $900.

By August 2026, at 6.67%, it was $1,926 — +114% since December 2020, while the home's value moved +35%.

Reported values rose +138% 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 $286,159. So the real change is +31%, not +138%.

46259: +138% since July 2003.

Marion County: +173% since July 2003.

Indiana: +143% since July 2003 — 46259 ran behind it by 5 points.

Owning the typical home costs about $2,448 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,943 a month.

Price divided by a year's rent: 16.1. 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 18 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 37.

Going out — closed sales: about 15 a month.

The ladder: homes for sale ÷ monthly sales = 2.4 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 3 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 15 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 16 — so sales ran at 94% of it, and below it in 18 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 21 a month (Redfin, 3-month rolling data through August 2026). That is 76% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 71.

Going out — closed sales: about 21 a month. That is 76% of the 2015–2019 level for the same months. The drain is drawn 31% narrower: the share of homes for sale that sell each month is 69% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 3.4 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 0 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 21 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 23 — so sales ran at 91% of it, and below it in 11 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: 37 in June 2026.

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

County assessor records list 3,270 properties with a market value here. Their average assessed market value is $430,000; the typical home value is $430,690.

The assessor average sits −0.2% 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: 71 in June 2026.

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

County assessor records list 5,251 properties with a market value here. Their average assessed market value is $401,400; the typical home value is $374,380.

The assessor average sits +7.2% from the market figure — an average against a typical value, so treat it as a check, not a verdict.