The story of this market
The typical home in ZIP 46143 sells for about $337,000, or $168 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,462 a month.
ZIP 46143 — Glenwood
The 46143 housing market remains stable with a median price of $337,000, reflecting steady demand for suburban housing. While inventory is tightening, the market is balanced by consistent interest from family buyers and commuters. Current conditions are driven by the area's affordability relative to the broader Indianapolis metro and ongoing regional development.
This ZIP is well-suited for family buyers seeking suburban space and commuters working in the Indianapolis metro area who prioritize affordability over proximity to the urban core.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 32 days on market with 1.6 months of supply — a fast-moving market.
32% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 6.7% — 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 8.3%/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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46143, Johnson 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.
The area is served by several districts including Greenwood Community School Corporation and Center Grove Community School Corporation, which generally maintain competitive regional ratings.
The area faces standard Midwestern climate risks, including seasonal severe thunderstorms and occasional wind events; flood risk is localized to specific drainage basins.
Greenwood serves as a major southern suburb of Indianapolis with significant logistics and retail development along the I-65 corridor.
Property taxes are assessed by Johnson County based on local millage rates; Indiana maintains a constitutional property tax cap of 1% for owner-occupied residential properties.
Residents primarily commute north to Indianapolis via I-65, with typical drive times ranging from 20 to 35 minutes depending on traffic.
The area features numerous community parks, the Greenwood Park Mall, and proximity to several golf courses and local trail systems.
The rental market shows moderate pressure with a 32% renter share; investors should account for potential vacancy drift and management intensity in older submarkets.
The economy is driven by retail, healthcare, and logistics, with significant employment ties to the broader Indianapolis labor market.
Primary transit is via private vehicle on I-65; public transit options are limited compared to the urban core.
Ongoing residential subdivision development continues on the periphery of the ZIP, balanced by infill commercial projects.
Parcels are subject to local school district taxes and municipal service levies typical of Johnson County.
Standard market conditions apply; premiums are influenced by regional severe weather exposure.
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.
Major regional retail anchor serving the south side of Indianapolis.
Central community park featuring trails and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.