The story of this market
The typical home in ZIP 46236 sells for about $345,000, or $155 per square foot.
Prices are down 1.1% from a year ago, which gives buyers more room to negotiate. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,885 a month.
ZIP 46236 — Indianapolis
The 46236 housing market remains competitive with low inventory and quick turnover, though price growth has moderated compared to previous years. Demand is sustained by the area's suburban appeal and proximity to major employment hubs, keeping the market stable despite broader economic headwinds.
This ZIP is well-suited for families and professionals seeking suburban living with access to extensive parkland and a reasonable commute to Indianapolis.
Median prices moved down 1.1% year over year.
Homes spend a median of 14 days on market with 2.1 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 99.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 5.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 46236, Marion County IN
Crime rates in the 46236 area are generally considered moderate, with localized variations typical of suburban Indianapolis neighborhoods.
The area is served by the Metropolitan School District of Lawrence Township, which provides a range of public educational options with varying performance ratings.
The region faces standard Midwestern climate risks, including occasional severe thunderstorms and wind events, with localized flood risks in low-lying areas near water bodies.
The area benefits from its proximity to the Fort Harrison State Park and ongoing suburban development, with steady demand driven by its accessibility to the Indianapolis employment core.
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.
Residents typically commute via I-465 and I-69, providing direct access to downtown Indianapolis and the broader metropolitan employment hubs.
The area features significant outdoor amenities, most notably Fort Harrison State Park, which offers extensive trails, golf, and fishing, alongside local shopping centers.
The rental market is characterized by steady demand for suburban apartment communities and single-family rentals, with moderate vacancy pressure.
The local economy is supported by a mix of retail, healthcare, and proximity to the diverse industrial and corporate base of Indianapolis.
The area is primarily served by major highway corridors including I-465, facilitating regional connectivity.
Development is focused on infill residential projects and the continued expansion of commercial amenities near the Fort Harrison area.
Parcels are subject to Marion County property tax levies and the Metropolitan School District of Lawrence Township.
Property insurance premiums are influenced by regional weather patterns and standard risk assessments for the Indianapolis metro area.
Data retrieved from Census Bureau ZCTA 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.
- Dave & Buster's Indianapolis3.96.3 mi
- Smiley Ocean Themed Adventure Park4.36.1 mi
- Sky Zone Trampoline Park4.34.9 mi
- The Waterpark4.310.4 mi
- Adrenaline Family Adventure Park4.45.5 mi
- Gainbridge Fieldhouse4.713.7 mi
- Lucas Oil Stadium4.714.2 mi
- Indianapolis Zoo4.514.6 mi
- Indianapolis Motor Speedway4.816.2 mi
- Indiana Convention Center4.613.9 mi
- The Children's Museum of Indianapolis4.712 mi
- Conner Prairie4.67.5 mi
- Tuttle Orchards4.75.4 mi
- Fort Harrison State Park4.73.7 mi
- Pinheads & Alley’s Alehouse4.67.2 mi
- The Children's Museum of Indianapolis4.712 mi
- Newfields4.712.9 mi
- Conner Prairie4.67.5 mi
- Indianapolis Motor Speedway Museum4.816.2 mi
- Indiana State Museum4.714.1 mi
- Newfields4.712.9 mi
- Conner Prairie4.67.5 mi
- Fort Harrison State Park4.73.7 mi
- Holliday Park4.811 mi
- The Waterpark4.310.4 mi
- Morse Lake Marina4.314.5 mi
- White River Yacht Club4.69.5 mi
- Indianapolis Yacht Club4.62.9 mi
- SpeedWorx Marine - Docks & Lifts4.917.9 mi
- Topgolf Fishers4.55.3 mi
- Prairie View Golf Club4.57.5 mi
- The Fort Golf Resort4.43.4 mi
- Pebble Brook Golf Course & Grill4.312.8 mi
- Golf Galaxy3.96.2 mi
- Castleton Square4.25.9 mi
- The Fashion Mall at Keystone4.48.2 mi
- Meijer4.411.8 mi
- Hamilton Town Center4.67.1 mi
- Macy's4.35.9 mi
- Indianapolis International Airport4.621.7 mi
- Flights Craft Bar & Kitchen3.919.5 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 anchor offering hiking, golf, and equestrian trails.
A mixed-use district providing local retail and dining options.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).