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Sarah Mitchell
Compass Real Estate · ZIP 46077
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46077 ZIP Code Housing Market
$745,000median sale price
What is the 46077 housing market like right now?
The median home sale price in ZIP code 46077 is $745,000, up 5.0% year-over-year. Homes sell in an average of 20 days with 60 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 46077 ZIP code a buyer's or seller's market?
ZIP code 46077 is currently a balanced market and homes selling in about 20 days. How we determine this →
What are the latest 46077 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $745,000 |
| Median list price | $749,950 |
| Year-over-year price change | +5.0% |
| Average days on market | 20 days |
| Active inventory | 60 listings |
| Sale-to-list price ratio | 99.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 46077 zip code, located in Zionsville, IN, is currently classified as a balanced market. The median sale price stands at $745,000, representing a +5.0% change year over year. Homes in this area spend an average of 20 days on the market before going under contract. There are currently 60 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 46077 sits in the Zionsville, IN area, roughly 2.4 miles from downtown Zionsville. Because home prices are set street by street, this ZIP can move differently from Zionsville's citywide averages. The figures below reflect 46077 specifically — drawn from Redfin transactions, U.S. Census data for its 36,760 residents, and Zillow value estimates.
Homes sold
144
Last 12 weeks
Days on market
20
Fast-moving
Active listings
60
Sale-to-list
99.4%
Below asking
What is driving the 46077 housing market?
The 46077 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 99.4% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 46077 have increased +5.0% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 46077 stands at $701,313, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,846 per month. This gives a price-to-rent ratio of approximately 31.7, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 46077?
Population
36,760
Median income
$177,679/yr
Median age
40.6 years
Owner-occupied
83.2%
College grads
74.1%
Avg commute
23.78 min
What is it like living in 46077?
Zip code 46077 is home to approximately 36,760 residents. The median household income is $177,679 per year, which shapes the types of homes and amenities available in the area. With a median age of 40.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 83.2% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 74.1% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 23.78 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 46077.
Which public schools serve ZIP 46077?
7 schools tracked · 6,306 students
The largest public schools serving ZIP code 46077 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Zionsville Community High School
Grades 9-12 · 2,319 students
Zionsville Middle School
Grades 5-8 · 1,313 students
Zionsville Pleasant View Elem Sch
Grades PK-4 · 823 students
Trailside Elementary School
Grades PK-4 · 519 students
Stonegate Elementary
Grades PK-4 · 491 students
Union Elementary School
Grades PK-4 · 468 students
Eagle Elementary School
Grades PK-4 · 373 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 46077
What is the median home price in 46077?
The current median sale price in 46077 is $745,000, based on recent Redfin transaction data. Prices have changed +5.0% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 46077 a buyer's or seller's market?
The 46077 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 46077?
Zip code 46077 has a population of approximately 36,760 residents. The median household income is $177,679 per year. About 83.2% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 46077?
Properties Incorporated provides comprehensive data for 46077 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 46077 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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