The story of this market
The typical home in ZIP 46952 sells for about $174,900, or $101 per square foot.
Prices are down 11.17% from a year ago, which gives buyers more room to negotiate. Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $836 a month.
ZIP 46952 — Marion
The 46952 housing market is currently experiencing downward price pressure with a year-over-year decline of over 11%. High vacancy rates and soft market indicators suggest a challenging environment for both buyers and investors.
This ZIP is primarily for experienced investors familiar with distressed markets, as the high vacancy rate and soft indicators present a steep learning curve for newcomers.
Median prices moved down 11.2% year over year.
Homes spend a median of 51 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.6% · poverty 17.1% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46952, Grant County, Indiana
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area faces economic challenges with a high vacancy rate and a market that requires careful execution for investors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The rental market shows high vacancy pressure at 12.4%, suggesting a challenging environment for landlords.
The local economy is centered in Marion, Indiana, with a mix of industrial and service-sector employment.
Data sourced from Repit 2026 and IncomeByZipCode 2026.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.