46151
Martinsville, Indiana.
Martinsville, Morgan County, IN · Indianapolis-Carmel-Anderson, IN metro · population 32,446
to buy the typical home at today's mortgage rate — +$891 (+136%) since Jan 2020.
- 1 year
- Up $7,761 +3%
- $286,955$294,716 since Sep 2025
- 5 years
- Up $64,482 +28%
- $230,234$294,716 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 46151$1,547
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in zip 46151 rose 2.7% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Morgan County, IN 96% · Monroe County, IN 3% · Johnson County, IN 0%
Zillow also publishes an index for the city itself: Martinsville, IN — measured over the city limits, which is a different area from this zip.
Asking rent — 46151
Against the Indianapolis-Carmel-Anderson, IN metro and the national benchmark.
- 46151$1,243
- Indianapolis$1,528
- United States$1,932
Typical home value — 46151
Mid-tier homes, smoothed and seasonally adjusted.
- 46151$294,716
- Indianapolis$291,634
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 7.2 | 46111 | Brooklyn | 448 | — | $192,482 |
| 8.7 | 46166 | Paragon | 2,813 | — | $267,329 |
| 9.2 | 46157 | Monrovia | 4,558 | — | $304,014 |
| 9.7 | 46158 | Mooresville | 24,878 | — | $315,262 |
| 10.7 | 46160 | Morgantown | 6,514 | — | $343,924 |
| 11.8 | 47468 | Unionville | 1,303 | — | $368,780 |
| 12.7 | 46106 | Bargersville | 10,159 | $1,641 | $458,286 |
| 13.7 | 47433 | Gosport | 4,176 | — | $246,265 |
| 14.4 | 46180 | Stilesville | 1,085 | — | $291,076 |
| 14.5 | 47456 | Quincy | 1,455 | — | $274,918 |
| 14.5 | 46113 | Camby | 17,192 | $1,935 | $276,013 |
| 15.0 | 46181 | Trafalgar | 4,964 | — | $372,021 |
| 15.1 | 46118 | Clayton | 4,709 | — | $330,059 |
| 15.3 | 47408 | Bloomington | 23,053 | $2,340 | $338,636 |
| 15.5 | 47429 | Ellettsville | 7,399 | — | $273,645 |
| 16.8 | 46168 | Plainfield | 38,826 | $1,703 | $332,172 |
| 17.9 | 46142 | Greenwood | 34,348 | $1,435 | $315,557 |
| 17.9 | 47404 | Bloomington | 22,744 | $1,634 | $310,866 |
| 19.1 | 46164 | Nineveh | 3,840 | — | $365,507 |
| 19.4 | 46103 | Amo | 361 | — | $196,586 |
| 19.6 | 46143 | Greenwood | 61,803 | $1,601 | $332,325 |
| 19.6 | 46231 | Indianapolis | 10,371 | $2,080 | $252,408 |
| 19.7 | 46120 | Cloverdale | 5,947 | — | $262,151 |
| 19.7 | 46221 | Indianapolis | 27,027 | $1,389 | $204,818 |
| 19.9 | 46217 | Indianapolis | 36,917 | $1,613 | $254,781 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.