The story of this market
The typical home in ZIP 46226 sells for about $179,500, or $114 per square foot.
Prices are roughly flat from a year ago (+0.3%), a market in balance. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,133 a month.
ZIP 46226 — Indianapolis
The 46226 housing market is currently characterized by competitive conditions with a median sale price of $179,500. Market activity remains stable with a slight year-over-year price increase of 0.3%. Several data points, including specific rent medians and school ratings, were not available at the ZIP level and are omitted.
This ZIP is well-suited for budget-conscious family buyers and renters seeking an entry-level price point within the Indianapolis metropolitan area.
Median prices moved up 0.3% year over year.
Homes spend a median of 50 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 7.0% · poverty 17.8% — a mixed stability profile.
ZCTA 46226, Marion County IN
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.
The mean commute time for residents is approximately 24.4 minutes.
The area features local parks and residential amenities within the Indianapolis and Lawrence municipal boundaries.
The rental market is significant, with approximately 54% of housing units occupied by renters.
The local economy is integrated into the broader Indianapolis-Carmel-Greenwood metropolitan area, which features a diverse mix of healthcare, manufacturing, and logistics employers.
Data retrieved from Census Reporter profiles for ZCTA 46226.
- Slick City Action Park4.516 mi
- Dave & Buster's Indianapolis3.94.9 mi
- Smiley Ocean Themed Adventure Park4.35.1 mi
- Sky Zone Trampoline Park4.34.7 mi
- The Waterpark4.39.1 mi
- Gainbridge Fieldhouse4.77.9 mi
- Lucas Oil Stadium4.78.4 mi
- Indianapolis Zoo4.58.7 mi
- Indianapolis Motor Speedway4.810.5 mi
- Indiana Convention Center4.68.1 mi
- The Children's Museum of Indianapolis4.76.3 mi
- Indianapolis Zoo4.58.7 mi
- Indianapolis Motor Speedway4.810.5 mi
- Conner Prairie4.610 mi
- AMC Indianapolis 174.411.1 mi
- The Children's Museum of Indianapolis4.76.3 mi
- Newfields4.77.5 mi
- Conner Prairie4.610 mi
- Indianapolis Motor Speedway Museum4.810.5 mi
- Indiana State Museum4.78.2 mi
- Newfields4.77.5 mi
- Conner Prairie4.610 mi
- Fort Harrison State Park4.72.4 mi
- White River State Park4.78.4 mi
- Holliday Park4.86.6 mi
- White River Yacht Club4.65.9 mi
- Topgolf Fishers4.58.4 mi
- Prairie View Golf Club4.59.5 mi
- The Fort Golf Resort4.42.5 mi
- The Hangar4.98.1 mi
- Golf Galaxy3.95 mi
- Castleton Square4.24.9 mi
- The Fashion Mall at Keystone4.46.1 mi
- Saraga International Grocery4.39.7 mi
- Meijer4.410.8 mi
- Indianapolis International Airport4.615.9 mi
- Flights Craft Bar & Kitchen3.913.7 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 regional green space located in the vicinity offering trails and outdoor recreation.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).