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 46278 — Indianapolis
The 46278 housing market is currently experiencing a cooling phase, characterized by a slight year-over-year decline in median prices and a shift toward a buyer's market. High interest rates and a moderate supply of inventory are tempering demand, leading to longer days on market compared to previous years. While the area remains attractive for its suburban amenities and proximity to major employers, buyers are increasingly price-sensitive.
This ZIP is well-suited for family buyers and professionals seeking suburban space with convenient access to the Indianapolis employment core and major recreational amenities.
Median prices moved down 3.8% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 4.8% — 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 4.7%/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 5.0%/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 46278, Marion County, IN
Crime in the 46278 area is generally considered lower than the Indianapolis city average, with suburban residential pockets maintaining a stable safety profile.
Schools serving the area are primarily part of the Metropolitan School District of Pike Township, which maintains a diverse student body and varied academic performance ratings.
The area is not prone to significant wildfire or coastal hazards, though localized drainage management is a standard consideration for residential properties in the region.
Development momentum is driven by proximity to the I-465 loop and the Northwest Indianapolis commercial corridor, with steady demand for move-up housing.
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 rely on I-465 and I-65 for access to downtown Indianapolis, with average commute times reflecting typical suburban traffic patterns.
The area features proximity to Eagle Creek Park, one of the largest municipal parks in the country, offering extensive trails, boating, and nature preserves.
The rental market is characterized by a mix of single-family home rentals and apartment communities, with moderate vacancy pressure and stable demand.
The local economy is anchored by the broader Indianapolis logistics, healthcare, and professional services sectors, with significant employment hubs located along the I-465 corridor.
Transportation is heavily reliant on private vehicles, with I-465 serving as the primary artery for regional connectivity.
Development is focused on infill residential projects and the expansion of commercial services along the Zionsville Road corridor.
The Marion County Assessor manages property valuations, with assessments conducted annually to reflect market conditions.
Parcels are subject to Pike Township school taxes and various municipal service district levies.
Property insurance premiums are generally stable, though coverage for wind and hail damage is a standard component of local policies.
Data retrieved from data.census.gov ZCTA-level tables.
A massive municipal park featuring a reservoir, hiking trails, and a nature center.
A prominent local golf facility serving the northwest Indianapolis area.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
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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