Marion County, IN Average Home Price (2026)
The average home price in Marion County, Indiana is about $229,000 (the 2026 median across 35 ZIP codes, at ~$152/sq ft) — 2% more affordable than the Indiana median and 21% more affordable than the typical U.S. home.
How Marion County compares
Marion County is about average for housing nationally: its typical home costs $229,000 against $234,000 for Indiana and $289,000 for the U.S. Within the county, ZIP-level values run from about $112,000 to $428,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Marion County | $229,000 | $152 |
| Indiana | $234,000 | $154 |
| United States | $289,000 | $193 |
Cities in Marion County
Cities with their own home-value page, largest first:
Marion County home prices by ZIP code
The 15 most valuable ZIP codes in Marion County (of 35 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 46278 Indianapolis | $428,000 | $154 | +87% |
| 46259 Indianapolis | $375,000 | $155 | +64% |
| 46240 Indianapolis | $365,000 | $202 | +59% |
| 46202 Indianapolis | $346,000 | $227 | +51% |
| 46204 Indianapolis | $345,000 | $272 | +51% |
| 46256 Indianapolis | $343,000 | $169 | +50% |
| 46220 Indianapolis | $342,000 | $204 | +49% |
| 46236 Lawrence | $327,000 | $163 | +43% |
| 46250 Indianapolis | $325,000 | $161 | +42% |
| 46216 Lawrence | $306,000 | $180 | +34% |
| 46260 Indianapolis | $304,000 | $165 | +33% |
| 46239 Indianapolis | $292,000 | $149 | +28% |
| 46228 Indianapolis | $266,000 | $158 | +16% |
| 46205 Indianapolis | $257,000 | $168 | +12% |
| 46237 Indianapolis | $257,000 | $152 | +12% |
Home value appreciation in Marion County
Home prices in Marion County have risen about 100% over the last 10 years (≈7.2% a year) and +103.7% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +3.4% — still rising. A home worth $229,000 today was worth roughly $114,386 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Indiana is +94.5% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Marion County
Run the numbers for Marion County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Marion County
To buy the typical $229,000 home in Marion County with 20% down, you need a household income of roughly $62,000 a year (about $1,450 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $74,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $11,500 | $1,810/mo | $77,000/yr |
| 10% (+PMI) | $22,900 | $1,730/mo | $74,000/yr |
| 20% | $45,800 | $1,450/mo | $62,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Marion County
At about $152 per square foot, here is roughly how much home different budgets get you in Marion County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 990 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1320 sq ft | around the typical home here |
| $250k | 1640 sq ft | around the typical home here |
| $300k | 1970 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2630 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Indiana.
Estimate a specific home in Marion County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Marion County home prices: frequently asked
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Browse all Indiana cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.