The story of this market
The typical home in ZIP 46118 sells for about $357,000, or $181 per square foot.
Prices are up +2.3% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $982 a month.
ZIP 46118 — Clayton
The 46118 housing market shows a median sold price of $357,000 and a median listing price of $410,099. Market data for sales volume, rental rates, and specific demographic details are not currently published at the ZIP level. The area has seen a 2.3% year-over-year increase in home values.
Median prices moved up 2.3% year over year.
Homes spend a median of 44 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 0.6% · poverty 7.9% — a stable, low-distress profile.
ZCTA 46118, Indiana
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.
not determinable
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).