Median home value in zip code 46220 (Indianapolis, IN) is $334,251, up 0.6% year over year. Part of the Indianapolis-Carmel-Anderson, IN metropolitan area.

Home Value$334,251

YoY Change

+0.6%

Prices rising — worse for buyers.

Affordability

Enter your income for 46220 (Indianapolis).

Income (annual)

Down Payment

$66,850 on $334,251

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

Stretch33.7% of income

Above 28% but manageable with cuts.

PITI$2,105

P/I33.7%

Afford$278K

Gap-$56K

P&I $1,690Tax $281Ins $133

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

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

Metro Analysis

46220 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.

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