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market report · 46227
Indianapolis, IN · 46227
93 active listings$245,000 median ask$1,882 est. rent0.8% price/rent
$245,000
Median list price
$1,882/mo
Estimated rent
0.8%
Price / rent ratio
93
Listings
FHFA home price index · 2016–2025
97.6% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.27
Median rent / sqft
88 comps
$145.90
Median sold / sqft
88 comps
—
Walkability
3.3%
Area unemployment
BLS LAUS
Median household income $53,629 · median home value $210,000 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 72).
17 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
8543 LA Corrida Ct, Indianapolis, IN 46227
Indianapolis, IN
$95,000$1,723/mo1.8%
1629 Edgecombe Ave, Indianapolis, IN 46227
Indianapolis, IN
$80,000$1,285/mo1.6%
2705 Del Prado Dr, Indianapolis, IN 46227
Indianapolis, IN
$105,000$1,518/mo1.4%
2703 Palo Verde Ct, Indianapolis, IN 46227
Indianapolis, IN
$112,500$1,551/mo1.4%
2721 Del Prado Dr, Indianapolis, IN 46227
Indianapolis, IN
$100,000$1,367/mo1.4%
1420 E Edwards Ave, Indianapolis, IN 46227
Indianapolis, IN
$189,900$2,557/mo1.3%