Median home value in zip code 46204 (Indianapolis, IN) is $339,530, up 3.0% year over year. Part of the Indianapolis-Carmel-Anderson, IN metropolitan area.

Home Value$339,530

YoY Change

+3.0%

Prices rising — worse for buyers.

Affordability

Enter your income for 46204 (Indianapolis).

Income (annual)

Down Payment

$67,906 on $339,530

Example: $75,000 household income. Change it above to see your own.

Stretch34.2% of income

Above 28% but manageable with cuts.

PITI$2,136

P/I34.2%

Afford$278K

Gap-$61K

P&I $1,717Tax $286Ins $133

6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

46204 is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Indianapolis-Carmel-Anderson, IN analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.