46203 — Marion County, Indiana Market Snapshot
Housing market data for zip code 46203 in Marion County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
176 sales in 2026 (year to date)
Median Sale Price
$209,000
Days to Sell
25
Homes Sold
176
Inventory
221
Sale-to-List
97.9%
New Listings
307
Price/SqFt
$134
Pending Sales
219
Conforming Loan Available
Most homebuyers in 46203 can comfortably use conventional financing. The median home price of $209,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 46203 are moving quickly at 25 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 46203 sells for 2.1% below asking price (97.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 46203 can comfortably use conventional financing. The median home price of $209,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 46203 are set at the county level.
2026 Loan Limits — Marion County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 46203
To purchase the median home at $209,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,751.
Monthly Payment
$1,751
Income Required
$75,055
Principal & Interest
$1,288/mo
Down Payment (5%)
$10,450
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 46203.
Estimated Monthly Payment
$1,443
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