The story of this market
The typical home in ZIP 46123 sells for about $331,217, or $161 per square foot.
Prices are roughly flat from a year ago (+0.4%), a market in balance. Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $1,451 a month.
ZIP 46123 — Avon
The 46123 housing market remains stable with moderate price appreciation and consistent demand from family buyers. Low inventory levels continue to support pricing, though the pace of sales has normalized compared to previous years. The area's strong school district and suburban lifestyle remain the primary drivers of market activity.
This ZIP is ideal for family buyers seeking high-quality schools and suburban amenities, as well as commuters who work in Indianapolis but prefer a quieter residential environment with modern housing stock.
Median prices moved up 0.4% year over year.
Homes spend a median of 51 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 2.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 46123, Hendricks 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.
Crime rates in the Avon area are generally considered lower than the national average, with the community maintaining a suburban safety profile that compares favorably to the broader Indianapolis metropolitan region.
The area is served by the Avon Community School Corporation, which is widely recognized for high academic performance and strong extracurricular programs, consistently ranking among the top districts in Hendricks County.
The region faces standard Midwestern climate risks, primarily severe thunderstorms and occasional high winds; flood risk is localized to specific drainage basins and is generally managed through municipal infrastructure.
Avon serves as a major suburban hub for the Indianapolis metro area, benefiting from significant retail development along the US-36 corridor and ongoing residential expansion that attracts families and professionals.
Property taxes in this jurisdiction are determined by the Hendricks County assessor based on assessed value, with rates influenced by local school district levies and municipal service districts; exemptions for homesteads are available to eligible owner-occupants.
Residents primarily commute via US-36 and I-74, providing a direct route to downtown Indianapolis, which is typically reachable within 25 to 35 minutes depending on traffic conditions.
The area features extensive local amenities including Washington Township Park, multiple golf courses, and a robust network of walking trails, alongside significant retail and dining options concentrated along the main commercial arteries.
The rental market is characterized by steady demand driven by the area's suburban appeal and proximity to Indianapolis, with vacancy rates remaining low and rents showing consistent, moderate growth.
The local economy is anchored by retail, healthcare, and professional services, with many residents commuting to the broader Indianapolis employment core for corporate and industrial roles.
Development is focused on mixed-use residential and commercial projects along the US-36 corridor, aimed at increasing density and service availability for the growing population.
Parcels are subject to standard municipal and county tax levies, with specific assessments for the Avon Community School Corporation and local utility districts.
Property insurance premiums are stable, reflecting the area's moderate risk profile regarding natural disasters and strong municipal fire protection services.
Data retrieved from Census Reporter and ACS 2024 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A large community park featuring trails, playgrounds, and fishing ponds.
A prominent local golf facility serving the Avon community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.