LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|
Property-class scope

The story of this market

The typical home in ZIP 46237 sells for about $261,809, or $155 per square foot.

Prices are roughly flat from a year ago (-0.2%), a market in balance. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,279 a month.

ZIP market report · consumer edition · quarterly refresh
Track this ZIP

ZIP 46237 — Indianapolis

Marion County →refreshed Sep 18, 2026next refresh Oct 18, 2026
Market mood · neutral

The 46237 housing market is currently experiencing a period of stabilization with home values holding steady year-over-year. Inventory remains tight, which continues to support pricing despite broader economic headwinds. Buyers are finding a balanced market where competition is present but less aggressive than in previous years.

Who this ZIP fits

This ZIP code is well-suited for family buyers and commuters who prioritize suburban living with reasonable access to downtown Indianapolis. It offers a balance of affordability and established infrastructure, making it attractive to those seeking more square footage than is available in the city center.

Parent geography
Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery
Leaflet Imagery © Esri, Maxar, Earthstar Geographics
Land area · 38 km²Water area · 0 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary
Median sale price
$261,809
-0.2% year over year
Corroborated · 1 anchor · 0% off nearest
Days on market
32 days
Active listings
149
Listings with price cuts
18%
share of active listings
Sale-to-list ratio
98.5%
of asking price
ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded
73
Composite · average of graded sections
Computed only from this report's published readings — sections without data are excluded, never estimated.
49
Growth/100

Median prices moved down 0.2% year over year.

82
Liquidity/100

Homes spend a median of 32 days on market with 2.8 months of supply — a fast-moving market.

70
Momentum/100

18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.

92
Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 8.0% — a stable, low-distress profile.

Median price · ten-year history

Researched annual trajectory for this ZIP, from published historical series

2016201720182019202020212022202320242025202620282030$130,000$195,000$260,000$325,000$390,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Property tax · ten-year history

Median annual property tax paid on this ZIP's residential parcels

2016201720182019202020212022202320242025202620282030$1,200$1,800$2,400$3,000$3,600

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Census trends · population flowsACS 2020-2024 5-year estimates
Population change
+1.2%

versus the prior ACS vintage

Net migration
+150 people

net influx — more people moved in than out

Population base
43,473

ZCTA 46237, Marion County IN

Immigration & foreign-bornU.S. Census Bureau ACS · ZIP granular
Foreign-born share
14.4%
Foreign-born residents
6,249
Naturalized (of foreign-born)
35.5%
Non-citizens (of population)
9.3%
Entered 2010 or later (of foreign-born)
61.2%
World region of birth (foreign-born)
Asia
69.3%
Americas
20.6%
Africa
7.5%
Europe
1.9%
Oceania
0.7%

ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.

Area context
Crime & safety

Crime rates in the 46237 area are generally considered moderate, trending in line with broader suburban Indianapolis patterns. Residents typically report safety levels consistent with established residential neighborhoods in Marion County.

Schools & education

Schools serving the 46237 ZIP code are primarily part of the Perry Township Schools district, which is known for its diverse student population and ongoing efforts to manage rapid enrollment growth.

Environmental & hazard

The area faces standard Midwestern climate risks, including occasional severe thunderstorms and wind events. Flood risk is generally low, though localized drainage issues can occur in specific low-lying developments.

Growth & development

Economic momentum is driven by proximity to the I-65 corridor and the expansion of logistics and healthcare employment hubs in southern Indianapolis. Development remains steady with a focus on infill residential projects and retail service expansion.

Taxation

Property taxes are assessed by Marion County, with rates determined by the local taxing district which includes municipal, school, and special service levies. Indiana utilizes a circuit breaker tax cap system that limits property tax bills to a percentage of gross assessed value.

Transportation & commute

Commuters in 46237 primarily rely on I-65 and US-31 for access to downtown Indianapolis, typically resulting in a 20-30 minute drive depending on traffic. Public transit options are limited, making personal vehicle ownership the standard for employment access.

Recreation & amenities

The area features several community parks and green spaces, including proximity to the expansive regional park systems in southern Indianapolis. Shopping and dining amenities are concentrated along the Southport Road and Emerson Avenue corridors.

Rental market

The rental market is characterized by steady demand from families and commuters seeking suburban space outside the urban core. Vacancy rates remain low, and the area sees a mix of single-family home rentals and established apartment communities.

Economy & employers

The local economy is anchored by the broader Indianapolis labor market, with significant employment in healthcare, logistics, and retail. Proximity to major distribution centers and the St. Francis Hospital system provides a stable employment base.

Transportation & infrastructure

The area is served by a network of arterial roads connecting to I-65, providing the primary transit link to the Indianapolis metropolitan area. Public transportation is minimal, with the area designed primarily for automobile-based commuting.

Development pipeline

Development activity is focused on residential infill and the modernization of existing commercial retail centers along major thoroughfares. There are no major mega-projects currently slated for the immediate ZIP code area.

Special districts

Parcels are subject to Perry Township school district levies and standard Marion County municipal service districts. No major MUDs or PIDs are prevalent in this established suburban area.

Insurance & hazard market

Property insurance premiums in the region have seen moderate increases due to national trends in construction costs and severe weather risk adjustments. The market remains stable with standard coverage availability.

Discovery profileACS 2020-2024 5-year estimates
Census profile · ZCTA 46237, Marion County IN
Population
43,473
Median age
37.6 yrs
Owner-occupancy
68.2%
Median home value
$261,809
Median gross rent
$1,450
Median household income
$79,078
Median year built
1995
Vacancy rate
4.5%
Renter share
31.8%
Owner cost burden
22%
Renter cost burden
42%
Population change
+1.2%
Net migration
150
Work-from-home share
18.5%
Mean commute
26.4 min
Bachelor's or higher
32%
Unemployment
2.9%
Poverty rate
8%
Avg household size
2.6
White
65%
Black or African American
15%
Hispanic or Latino
12%
Asian
5%
Other
3%

Data retrieved from US Census Bureau ZCTA-level tables.

Public schools with an address here · 2

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.

Perry Meridian High SchoolHighBPerry Township SchoolsLarge comprehensive high school serving the area.
Southport ElementaryElementaryBPerry Township SchoolsEstablished elementary school in the district.
School districts
Perry Township SchoolsBLarge district experiencing significant enrollment growth and demographic shifts.
Utilities & services
InternetAT&T / XfinityBroadband availability is widespread.
ElectricAES IndianaPrimary electricity provider for the region.
Natural GasCitizens Energy GroupStandard residential gas service.
Water/SewerCitizens Energy GroupMunicipal water and sewer services.
Major employers & industries
Franciscan HealthHealthcareMajor regional employer.
AmazonLogisticsSignificant presence in southern Indianapolis.
Major amenities · ZIP 46237
Theme, amusement & water parks
20+ · 20 mi
Entertainment venues, stadiums & amphitheaters
14 · 20 mi
Family fun & things to do
20+ · 13 mi
Museums, galleries & history
20+ · 20 mi
Parks, trails & nature
20+ · 13 mi
Lakes, marinas & beaches
2 · 20 mi
Golf
20+ · 13 mi
Shopping & dining districts
7 · 13 mi

Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.

Amenities & attractions2 retained amenities · 1 development on the horizon
Inside this ZIP
Southport Park
Park

Local community park offering green space and recreational facilities.

Emerson Avenue Corridor
Shopping/Dining

Primary commercial artery serving the ZIP with various retail and dining options.

On the horizon · announced & under construction
Southside Infrastructure UpgradesInfrastructureOngoingVarious road and utility improvements along the I-65 corridor to support regional growth.
Sources · 4 cited

Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.