Zip Code

46227

Indianapolis, INIndianapolis-Carmel-Anderson, IN

Median home value in zip code 46227 (Indianapolis, IN) is $225K, down 0.1% year over year. Part of the Indianapolis-Carmel-Anderson, IN metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Indianapolis-Carmel-Anderson, IN metro →

Home Value$224,631
YoY Change
-0.1%
AFFORDABILITY

Enter your income for 46227 (Indianapolis).

$44,926 on $224,631
Affordable — 23.3% of income

Under the 28% guideline.

PITI$1,458
P/I23.3%
Afford$270K
Room+$45K
P&I $1,136Tax $189Ins $133
6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Metro Analysis

46227 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
46227 (Indianapolis, IN) Housing Market | CrashWatch