The story of this market
The typical home in ZIP 46125 sells for about $325,000, or $168 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 46125 — Eminence
The housing market in 46125 remains stable with low inventory and modest price appreciation consistent with rural Morgan County trends. Demand is driven by local buyers seeking single-family homes, though the limited supply keeps sales volume low. Market conditions are currently balanced between buyers and sellers due to the lack of new construction activity.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing, while still maintaining a manageable commute to larger employment hubs in Morgan County and Indianapolis.
Median prices moved up 2.4% year over year.
Homes spend a median of 42 days on market with 3.6 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 0.0% · poverty 0.0% — 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 7.8%/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 5.5%/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 46125, Morgan 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 are part of the Metropolitan School District of Martinsville, which generally maintains average state performance ratings.
The area is subject to standard Midwestern weather risks including severe thunderstorms and occasional flooding near local creek beds.
Growth is primarily driven by residential expansion and proximity to the Indianapolis metropolitan area, with limited large-scale commercial development within the township.
Property taxes are determined by the Morgan County assessor based on local tax levies for school, township, and county services; Indiana maintains a 1% homestead tax cap.
Residents primarily commute by car toward Martinsville or Indianapolis via State Road 39 and State Road 67.
Local recreation includes access to rural park spaces and proximity to the White River for outdoor activities, with major shopping located in nearby Martinsville.
The rental market is limited with low inventory, primarily consisting of single-family homes; vacancy pressure remains low due to the rural nature of the area.
The local economy is largely agricultural and residential, with most residents commuting to larger employment centers in Martinsville, Bloomington, or Indianapolis.
Transportation is entirely car-dependent, relying on state highways for regional connectivity.
Development is currently focused on small-scale residential infill rather than large-scale commercial or infrastructure projects.
The Morgan County Assessor manages property valuations based on annual market adjustments and cyclical reassessments.
Parcels are subject to school district taxes for the Metropolitan School District of Martinsville and local township fire and library district levies.
Property insurance premiums are generally stable, though coverage for wind and storm damage is a standard consideration for homeowners in this region.
Data retrieved from US Census Bureau ZCTA-level tables.
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 notable historic structure located within Adams Township.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.