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market report · 46231
Indianapolis, IN · 46231
11 active listings$320,000 median ask$2,473 est. rent0.8% price/rent
$320,000
Median list price
$2,473/mo
Estimated rent
0.8%
Price / rent ratio
11
Listings
FHFA home price index · 2016–2025
120.3% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.03
Median rent / sqft
11 comps
$131.58
Median sold / sqft
11 comps
—
Walkability
2.7%
Area unemployment
BLS LAUS
Median household income $71,825 · median home value $219,600 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 74).
2 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
1345 Countryside Ln, Indianapolis, IN 46231
Indianapolis, IN
$210,000$2,125/mo1%
10721 Oriole Ct, Indianapolis, IN 46231
Indianapolis, IN
$249,900$2,190/mo0.9%
730 Sunglow Cir, Indianapolis, IN 46231
Indianapolis, IN
$295,000$2,563/mo0.9%
8931 Nest Way, Indianapolis, IN 46231
Indianapolis, IN
$399,000$3,348/mo0.8%
9115 Concert Way, Indianapolis, IN 46231
Indianapolis, IN
$325,000$2,721/mo0.8%
2032 Southernwood Ln, Indianapolis, IN 46231
Indianapolis, IN
$255,000$2,079/mo0.8%