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McCordsville town, IN

ZIP 46055 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46055

Median Home Value
$326,300
Median Rent
$1,311
Affordability Snapshot
$90,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,096/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 46055 in McCordsville town, IN, a household would need roughly $90,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,096. That sits below the local median household income ($116,811), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
85.3%+30% vs US avg
x
Vacancy Rate
4.5%-57% vs US avg
x
Broadband Access
96.0%+10% vs US avg
x
4+ Bedrooms
13.1%-11% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
7.2%+4% vs US avg
x
Rent Burden >30%
6.4%-87% vs US avg
x
Mortgage-Free
24.1%-37% vs US avg
x
$326,300
Home Value
$1,311
Rent
2007
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached93.8%
  • 1-unit attached0.7%
  • 2-9 units1.1%
  • 10+ units4.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$326,300
Median rent$1,311
Owner-occupied85.3%
Vacant4.5%
Price-to-income2.8x
Est. income to buy$90,000