The story of this market
The typical home in ZIP 46957 sells for about $128,635.
Prices are up +6.6% from a year ago, so sellers still have some momentum. HUD's fair market rent for a two-bedroom is $1,029 a month.
ZIP 46957 — Matthews
The housing market in 46957 is characterized by very low inventory and limited transactional volume, typical of its small, rural footprint in Grant County. With no active rental listings and minimal for-sale inventory, market metrics fluctuate significantly based on individual property listings rather than broad market trends. The area remains an affordable, lower-middle-class enclave where housing values are driven by local supply constraints rather than high-velocity demand.
Fits individuals seeking low-cost, rural residential living; not suitable for investors seeking high-yield rental portfolios.
Median prices moved up 6.6% year over year.
Awaiting this reading — not graded.
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 4.5% · poverty 17.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46957, Grant County IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools serving the area generally include rural Grant County districts; individual school performance varies, with local families often looking toward regional consolidated districts.
Standard Midwestern risk posture for wind/storm events; no specific regional hazard anomalies published for this ZIP.
Development momentum is minimal, with the economy largely reliant on established regional agricultural and small-town manufacturing sectors in the Marion, Indiana statistical area.
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.
Primarily a drive-to-work market; residents commute toward Marion or Indianapolis employment cores.
Limited local amenities; access to outdoor recreation typical of rural Grant County.
Rental market depth is extremely shallow; virtually zero vacancy pressure due to lack of professional rental stock.
Industry mix is defined by agricultural services and proximity to the Marion, IN economic area.
No major new-construction infrastructure projects reported for this ZIP.
Standard county-level taxing districts; no special high-density MUDs noted.
Standard insurance market; premiums reflect rural risk profiles.
Data retrieved from data.census.gov; granular breakdowns null for this ZCTA.
Small-town local business district.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.