46051 Zip Code's October First-Time Homebuyer Report

The 46051 zip code is much older than the rest of Indiana, with a median age of 38. It's less affluent than average as well, with a median income of $44,415 per household. The 46051 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The best school in the zip code is Lapel Middle School.

Price Range

Homes in the 46051 zip code are generally more expensive than others in the state with a median home value of $126,200 and an average list price of $136,004. The 46051 zip code market saw sales remain flat this week with five homes sold over the last 30 days and new listings also remain flat at one.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 46051 zip code:

$159K   $204K   $114K  

Typical Dwelling

A three-bedroom detached home valued around $130,210 is considered a typical dwelling in the 46051 zip code. If a buyer was looking for a similar home, they would need good credit and a $26,042 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $674 and the property tax rate is $8.68 per $1,000 of taxable assessed value.

Get started right now by checking out 46051 homes for sale or reviewing 46051 real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Carpenter Realtors
Snapped 8 homes in this area
Indy Custom Real Estate LLC
Snapped 1 home in this area

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