46953 — Marion, IN Home Values
Typical home value $108,770 as of June 2026 · 11th of 11 in Marion, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46953, June 2021 to June 2026. This page shows observed data only; no forecast.
How 46953 compares in the Marion, IN area
ZIP code 46953 (Marion, IN) has a typical home value of $108,770 as of June 2026, ranking 11th of 11 ZIP codes tracked in the Marion, IN area, more expensive than about 9% of ZIP codes in the metro. Prices here have moved -0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +26.9%, from $85,690 in June 2021 to $108,770 in June 2026. Against observed rent, the typical home here sells for 9.5× the annual rent ($959/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Marion, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Marion.
Population and demographics
ZIP code 46953 has a population of 23,570, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 74.8% White, 14.2% Black or African American, 5.6% Hispanic or Latino, 4.5% two or more races, 0.7% Asian, 0.1% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| John L McCulloch Junior High Sch | 3528 S Washington St, Marion, IN | 1.1 mi |
| Frances Slocum Elem School | 2909 S Torrence St, Marion, IN | 1.5 mi |
| Grant Regional Career Center | 750 W 26th St, Marion, IN | 1.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 46953?
$108,770 as of June 2026, the latest month Zillow has published observed data for.
Is 46953 an expensive ZIP code in the Marion, IN area?
46953 ranks 11th of 11 ZIP codes in the Marion, IN area by typical home value, more expensive than about 9% of ZIP codes in the metro.
How much have home values in 46953 changed over the past year?
-0.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 46953?
The typical home price is 9.5× the observed annual rent in this ZIP code ($959/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 46953?
23,570, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46953?
John L McCulloch Junior High Sch (1.1 mi), Frances Slocum Elem School (1.5 mi), Grant Regional Career Center (1.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 46953?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Marion, IN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.