46241 — Marion County, Indiana Market Snapshot

Housing market data for zip code 46241 in Marion County, Indiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

56 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$174,000

-1.4% YoYClosed sales

Days to Sell

16

Median, listing to close

Homes Sold

56

Closed in 2026

Inventory

45

Sale-to-List

96.4%

New Listings

95

Price/SqFt

$138

Pending Sales

91

Conforming Loan Available

Most homebuyers in 46241 can comfortably use conventional financing. The median home price of $174,000 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 46241 are moving quickly at 16 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

The average home in 46241 sells for 3.6% below asking price (96.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 46241 can comfortably use conventional financing. The median home price of $174,000 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 46241 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 46241

To purchase the median home at $174,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,483.

Monthly Payment

$1,483

Income Required

$63,563

Principal & Interest

$1,072/mo

Down Payment (5%)

$8,700

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 46241.

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Estimated Monthly Payment

$1,227

Principal & Interest$903
Property Tax$174
Insurance$150
Loan Amount$139,200
Total Interest$185,826
Income Required$52,579/yr

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