The story of this market
The typical home in ZIP 46225 sells for about $225,000, or $167 per square foot.
Prices are down 3.63% from a year ago, which gives buyers more room to negotiate. Homes take about 63 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,119 a month.
ZIP 46225 — Indianapolis
The 46225 housing market shows a median listing price of $225,000 with a year-over-year price decline of 3.63%. Several metrics including closed sales, months of supply, and tax rates are not currently published at the ZIP level. Market activity is characterized by a median of 63 days on market for active listings.
Median prices moved down 3.6% year over year.
Homes spend a median of 63 days on market with 0.0 months of supply — a balanced-paced 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 8.8% · poverty 30.7% — elevated distress and economic pressure.
ZCTA 46225, 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.
Data sourced from U.S. Census Bureau ZCTA 46225 profiles.
- Slick City Action Park4.511.8 mi
- Dave & Buster's Indianapolis3.912.7 mi
- Smiley Ocean Themed Adventure Park4.312.9 mi
- Sky Zone Trampoline Park4.313.2 mi
- The Waterpark4.314.8 mi
- Gainbridge Fieldhouse4.71.9 mi
- Lucas Oil Stadium4.71.6 mi
- Indianapolis Zoo4.52.4 mi
- Indianapolis Motor Speedway4.85.7 mi
- Indiana Convention Center4.61.9 mi
- The Children's Museum of Indianapolis4.75.1 mi
- Indianapolis Zoo4.52.4 mi
- Indianapolis Motor Speedway4.85.7 mi
- AMC Indianapolis 174.42.5 mi
- Eagle Creek Park4.711.9 mi
- The Children's Museum of Indianapolis4.75.1 mi
- Newfields4.76.3 mi
- Conner Prairie4.618.4 mi
- Indianapolis Motor Speedway Museum4.85.4 mi
- Indiana State Museum4.72.2 mi
- Newfields4.76.3 mi
- Eagle Creek Park4.711.9 mi
- White River State Park4.72.1 mi
- Fort Harrison State Park4.711.7 mi
- Holliday Park4.89.2 mi
- The Hangar4.91.6 mi
- The Fort Golf Resort4.411.8 mi
- Golf Galaxy3.912.8 mi
- Brickyard Crossing4.65.1 mi
- Southern Dunes Golf Course4.16.9 mi
- Castleton Square4.212.9 mi
- Greenwood Park Mall4.47.5 mi
- The Fashion Mall at Keystone4.412.5 mi
- Saraga International Grocery4.36.7 mi
- Indianapolis International Airport4.67.7 mi
- Flights Craft Bar & Kitchen3.95.3 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: median price corroborated by the published ten-year series (2025) (within 12.5%).