Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
ZIP 46204 — Indianapolis
The 46204 housing market is currently characterized as a buyer's market with stable pricing and moderate inventory levels. High demand for urban living is balanced by a significant supply of multi-family and apartment-style housing, keeping price growth modest compared to broader regional trends.
This ZIP is ideal for young professionals, urban commuters, and renters who prioritize proximity to downtown employment, nightlife, and cultural amenities.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 76 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 19.3% — 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 0.6%/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 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46204, 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.
Schools serving the area include Center for Inquiry School 2 (7/10), Arlington Community Middle School (2/10), and Crispus Attucks Medical Magnet High School (4/10).
The area is the central business district of Indianapolis, featuring significant mixed-use, office, and residential development activity.
Property taxes are assessed by Marion County; rates are subject to local government levies and state-mandated caps on residential property tax bills.
As the downtown core, the area offers high walkability and immediate access to major employment hubs, with a mean commute time of approximately 19.4 minutes.
The area features proximity to downtown parks, cultural amenities, and extensive dining and shopping districts within the Indianapolis city center.
The rental market is robust with a high concentration of multi-family assets and professional management, reflecting the area's urban density.
The economy is anchored by government, healthcare, finance, and professional services, serving as the primary employment center for the Indianapolis metropolitan area.
The area is the hub for IndyGo bus transit and provides easy access to major interstate corridors including I-65 and I-70.
Development is focused on high-density residential and commercial infill within the Central Business District.
The Marion County Assessor manages property valuations for tax purposes.
Parcels are subject to Indianapolis city-county consolidated government levies and specific downtown tax increment financing districts.
Data sourced from SimpleMaps US Zips Comprehensive Database and Census ACS.
The primary commercial and entertainment hub of the city.
A world-class urban bike and pedestrian path connecting downtown districts.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
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Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
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