The story of this market
The typical home in ZIP 46220 sells for about $370,000, or $165 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,376 a month.
ZIP 46220 — Indianapolis
The 46220 housing market remains stable with a median listing price of $370,000 and moderate inventory levels. Demand is supported by the area's strong amenity base and proximity to major employment centers, keeping market conditions balanced for both buyers and sellers.
This ZIP is ideal for family buyers seeking established neighborhoods, young professionals attracted to the vibrant Broad Ripple lifestyle, and investors looking for stable rental demand.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 42 days on market with 0.0 months of supply — a fast-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 1.6% · poverty 6.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46220, Marion County, Indiana
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by Indianapolis Public Schools and Washington Township schools, which generally maintain a mix of ratings across the district.
The area benefits from proximity to major employment hubs in Indianapolis and ongoing residential redevelopment, particularly in the Broad Ripple and Meridian-Kessler adjacent corridors.
Property taxes are assessed by Marion County based on the local tax rate structure, which includes municipal, school district, and county-wide levies.
Residents typically have a 15-25 minute drive to downtown Indianapolis via major corridors like College Avenue and Keystone Avenue.
The ZIP features significant access to the Monon Trail, Broad Ripple Park, and the White River, alongside extensive retail and dining options in the Broad Ripple village area.
The rental market is robust due to the area's popularity with young professionals and proximity to amenities, with steady demand for both single-family rentals and apartment units.
The local economy is anchored by the broader Indianapolis metropolitan area, with significant employment in healthcare, education, and professional services.
The area is served by IndyGo bus routes and is highly accessible via major north-south arterial roads connecting to the I-465 beltway.
Ongoing infill development and residential renovations continue to characterize the area's growth pipeline.
The Marion County Assessor manages property valuations, with assessments typically updated annually to reflect market conditions.
Parcels are subject to Indianapolis municipal taxes and the specific school district levies for Washington Township or Indianapolis Public Schools.
Standard property insurance coverage is available, with premiums influenced by regional weather patterns and local fire protection ratings.
Data retrieved from data.census.gov ZCTA 46220 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Slick City Action Park4.512.2 mi
- Dave & Buster's Indianapolis3.93.8 mi
- Smiley Ocean Themed Adventure Park4.34 mi
- Sky Zone Trampoline Park4.34.8 mi
- The Waterpark4.35.7 mi
- Gainbridge Fieldhouse4.77.4 mi
- Lucas Oil Stadium4.77.8 mi
- Indianapolis Zoo4.57.6 mi
- Indianapolis Motor Speedway4.87.8 mi
- Indiana Convention Center4.67.5 mi
- The Children's Museum of Indianapolis4.74.4 mi
- Indianapolis Zoo4.57.6 mi
- Indianapolis Motor Speedway4.87.8 mi
- Conner Prairie4.69.4 mi
- AMC Indianapolis 174.411.7 mi
- The Children's Museum of Indianapolis4.74.4 mi
- Newfields4.74.5 mi
- Conner Prairie4.69.4 mi
- Indianapolis Motor Speedway Museum4.88 mi
- Indiana State Museum4.77.4 mi
- Newfields4.74.5 mi
- Conner Prairie4.69.4 mi
- Eagle Creek Park4.79.2 mi
- Fort Harrison State Park4.75.4 mi
- White River State Park4.77.5 mi
- White River Yacht Club4.61.7 mi
- Topgolf Fishers4.58.8 mi
- Birdies Miniature Golf Course & Sports Bar4.312.1 mi
- Prairie View Golf Club4.58.6 mi
- The Fort Golf Resort4.45.9 mi
- Pebble Brook Golf Course & Grill4.312.8 mi
- Castleton Square4.24.1 mi
- The Fashion Mall at Keystone4.43.2 mi
- Saraga International Grocery4.36.6 mi
- Meijer4.47.4 mi
- Indianapolis International Airport4.613.9 mi
- Flights Craft Bar & Kitchen3.912.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major community park offering river access, sports facilities, and trails.
A premier multi-use rail-trail connecting the neighborhood to downtown and northern suburbs.
A historic district known for its high concentration of local restaurants, bars, and boutiques.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).