46256 — Marion County, Indiana Market Snapshot

Housing market data for zip code 46256 in Marion County, Indiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

100 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$319,500

Closed sales

Days to Sell

16

Median, listing to close

Homes Sold

100

Closed in 2026

Inventory

38

Sale-to-List

99.0%

New Listings

122

Price/SqFt

$165

Pending Sales

129

Conforming Loan Available

Most homebuyers in 46256 can comfortably use conventional financing. The median home price of $319,500 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 46256 are moving quickly at 16 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 46256 (99.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 46256 can comfortably use conventional financing. The median home price of $319,500 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 46256 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 46256

To purchase the median home at $319,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,598.

Monthly Payment

$2,598

Income Required

$111,339

Principal & Interest

$1,969/mo

Down Payment (5%)

$15,975

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 46256.

%
%

Estimated Monthly Payment

$2,127

Principal & Interest$1,658
Property Tax$320
Insurance$150
Loan Amount$255,600
Total Interest$341,215
Income Required$91,171/yr

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