The story of this market
The typical home in ZIP 46218 sells for about $154,700, or $95 per square foot.
Prices are down 9.33% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,094 a month.
ZIP 46218 — Indianapolis
The 46218 housing market is currently experiencing a decline in home values, with a median sale price of $122,400 representing a 9.33% year-over-year decrease. Market activity is balanced with 92 active listings and 6 pending sales, though several metrics such as rent, tax rates, and demographic details were not determinable from current published sources.
Median prices moved down 9.3% year over year.
Homes spend a median of 48 days on market with 15.3 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.5% · poverty 31.0% — elevated distress and economic pressure.
ZCTA 46218
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
not determinable
- Slick City Action Park4.513 mi
- Dave & Buster's Indianapolis3.96.9 mi
- Smiley Ocean Themed Adventure Park4.37.1 mi
- Sky Zone Trampoline Park4.37.4 mi
- The Waterpark4.39.8 mi
- Gainbridge Fieldhouse4.74.3 mi
- Lucas Oil Stadium4.74.8 mi
- Indianapolis Zoo4.55.1 mi
- Indianapolis Motor Speedway4.87.1 mi
- Indiana Convention Center4.64.5 mi
- The Children's Museum of Indianapolis4.72.9 mi
- Indianapolis Zoo4.55.1 mi
- Indianapolis Motor Speedway4.87.1 mi
- AMC Indianapolis 174.48 mi
- Conner Prairie4.612.6 mi
- The Children's Museum of Indianapolis4.72.9 mi
- Newfields4.74.5 mi
- Conner Prairie4.612.6 mi
- Indianapolis Motor Speedway Museum4.87.1 mi
- Indiana State Museum4.74.6 mi
- Newfields4.74.5 mi
- Conner Prairie4.612.6 mi
- Eagle Creek Park4.711.2 mi
- Fort Harrison State Park4.75.9 mi
- White River State Park4.74.7 mi
- White River Yacht Club4.65.8 mi
- Topgolf Fishers4.511.4 mi
- The Fort Golf Resort4.46.1 mi
- The Hangar4.94.5 mi
- Prairie View Golf Club4.512 mi
- Golf Galaxy3.97.1 mi
- Castleton Square4.27.1 mi
- Greenwood Park Mall4.412.3 mi
- The Fashion Mall at Keystone4.47.2 mi
- Saraga International Grocery4.36.6 mi
- Meijer4.411.5 mi
- Indianapolis International Airport4.612.2 mi
- Flights Craft Bar & Kitchen3.910 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price diverges 20.9% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $122,400 (20.9% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: confirmed genuine market swing — the flagged $122,400 was independently re-read and corroborated by 2 source(s); it stands as the new anchor baseline.