The story of this market
The typical home in ZIP 46229 sells for about $216,500, or $126 per square foot.
Prices are down 7.9% from a year ago, which gives buyers more room to negotiate. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $1,069 a month.
ZIP 46229 — Cumberland
The 46229 housing market is currently experiencing a cooling phase, characterized by a 7.9% year-over-year decline in median sale prices. While sales volume has increased, the downward pressure on prices suggests a shift in buyer sentiment and market competitiveness.
This area is primarily suited for budget-conscious family buyers and first-time homeowners looking for more affordable housing options compared to the broader Indiana market.
Median prices moved down 7.9% year over year.
Homes spend a median of 41 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 6.5% · poverty 11.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46229, Marion County IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Property taxes in this jurisdiction are assessed at an effective rate of approximately 0.8%, which is slightly higher than the Indiana state average of 0.7%.
The local economy is integrated into the broader Indianapolis metropolitan area, which features a diverse mix of manufacturing, healthcare, and logistics industries.
Data retrieved from City-Data and Census Bureau profiles for ZCTA 46229.
- Dave & Buster's Indianapolis3.99.4 mi
- Smiley Ocean Themed Adventure Park4.39.4 mi
- Sky Zone Trampoline Park4.38.7 mi
- The Waterpark4.313.8 mi
- Adrenaline Family Adventure Park4.411.8 mi
- Gainbridge Fieldhouse4.710 mi
- Lucas Oil Stadium4.710.5 mi
- Indianapolis Zoo4.511.2 mi
- Indianapolis Motor Speedway4.814 mi
- Indiana Convention Center4.610.4 mi
- The Children's Museum of Indianapolis4.79.9 mi
- Indianapolis Zoo4.511.2 mi
- AMC Indianapolis 174.411.7 mi
- Tuttle Orchards4.77.6 mi
- Fort Harrison State Park4.75.5 mi
- The Children's Museum of Indianapolis4.79.9 mi
- Newfields4.711.5 mi
- Conner Prairie4.613.3 mi
- Indianapolis Motor Speedway Museum4.813.9 mi
- Indiana State Museum4.710.7 mi
- Newfields4.711.5 mi
- Fort Harrison State Park4.75.5 mi
- White River State Park4.710.8 mi
- Holliday Park4.811.4 mi
- Garfield Park4.510.4 mi
- Topgolf Fishers4.511.3 mi
- The Fort Golf Resort4.45.1 mi
- The Hangar4.910.2 mi
- Golf Galaxy3.99.5 mi
- Ironwood Golf Course410.4 mi
- Castleton Square4.29.2 mi
- The Fashion Mall at Keystone4.410.9 mi
- Macy's4.39.3 mi
- Meijer4.29 mi
- Tuttle Orchards4.77.6 mi
- Indianapolis International Airport4.618.3 mi
- Flights Craft Bar & Kitchen3.915.9 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: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.