The story of this market
The typical home in ZIP 46063 sells for about $192,717, or $164 per square foot.
Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,140 a month.
ZIP 46063 — Orestes
The housing market in 46063 is extremely low-volume, with only one recorded sale in the most recent period. Prices remain modest, reflecting the area's status as a small, quiet residential enclave. Data for several metrics, including specific tax history and school ratings, are not determinable at the ZIP level.
This ZIP is best suited for families and individuals seeking a quiet, affordable, small-town lifestyle with a low cost of living compared to larger metro areas.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 120 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 10.0% — a stable, low-distress profile.
ZCTA 46063, Madison County IN
The area is characterized by low flood and hurricane risk profiles based on regional NRI data.
The area is a small, stable residential community with limited new commercial development momentum.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Residents typically commute to nearby employment hubs in the Anderson and Indianapolis metro areas via regional highway corridors.
The area offers a quiet, small-town atmosphere with access to local parks and community spaces within the town of Orestes.
The rental market is characterized by modest demand with a 2-bedroom FMR of $1,140, reflecting a stable, low-density residential environment.
The local economy is primarily residential, with residents largely employed in the broader Anderson and Indianapolis labor markets.
Parcels are subject to local school district and county-level property tax levies.
Data retrieved from US Census Bureau ZCTA-level profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Local community green space serving the town residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.