The story of this market
The typical home in ZIP 46280 sells for about $427,000, or $248 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,771 a month.
ZIP 46280 — Indianapolis
The 46280 housing market is characterized by a median listing price of $427,000 and a price per square foot of $248. Market activity remains stable with a median of 42 days on market and a sale-to-list ratio of 98.5%. Several specific metrics, including historical price trajectories and detailed utility providers, were not available at the ZIP level and are omitted.
Median prices moved up 1.7% year over year.
Homes spend a median of 42 days on market with 2.9 months of supply — a fast-moving market.
14% 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 0.5% · poverty 5.3% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 46280, 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 retrieved from Census Reporter and MapOfZipCodes; figures represent ZCTA 46280.
- Slick City Action Park4.513.5 mi
- Dave & Buster's Indianapolis3.94.3 mi
- Smiley Ocean Themed Adventure Park4.34.3 mi
- Sky Zone Trampoline Park4.35.4 mi
- The Waterpark4.30.6 mi
- Gainbridge Fieldhouse4.712.4 mi
- Lucas Oil Stadium4.712.7 mi
- Indianapolis Zoo4.512.3 mi
- Indianapolis Motor Speedway4.811.4 mi
- Indiana Convention Center4.612.3 mi
- The Children's Museum of Indianapolis4.79.2 mi
- Indianapolis Zoo4.512.3 mi
- Indianapolis Motor Speedway4.811.4 mi
- Conner Prairie4.66.5 mi
- Eagle Creek Park4.79.6 mi
- The Children's Museum of Indianapolis4.79.2 mi
- Newfields4.78.4 mi
- Conner Prairie4.66.5 mi
- Indianapolis Motor Speedway Museum4.811.7 mi
- Indiana State Museum4.712.2 mi
- Droplight Grand Park Sports Campus4.68.3 mi
- Newfields4.78.4 mi
- Conner Prairie4.66.5 mi
- Eagle Creek Park4.79.6 mi
- Fort Harrison State Park4.78.2 mi
- Morse Lake Marina4.311.8 mi
- White River Yacht Club4.63.6 mi
- Indianapolis Yacht Club4.610.8 mi
- SpeedWorx Marine - Docks & Lifts4.919.5 mi
- Topgolf Fishers4.57.2 mi
- Chatham Hills (The Club at Chatham Hills)4.69.6 mi
- Birdies Miniature Golf Course & Sports Bar4.37 mi
- Pebble Brook Golf Course & Grill4.38.1 mi
- Prairie View Golf Club4.55.6 mi
- Castleton Square4.24.6 mi
- The Fashion Mall at Keystone4.42.5 mi
- Saraga International Grocery4.39.8 mi
- Meijer4.42.2 mi
- Macy's4.34.5 mi
- Indianapolis International Airport4.617.5 mi
- Flights Craft Bar & Kitchen3.916.1 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 (2024) (within 12.5%).